When the bond sells at par,the implicit €/$ exchange rate at maturity of a Euro/U.S.dollar dual currency bond that pays $651.25 at maturity per €1,000,is
A) €1.54/$1.00.
B) €1.22/$1.00.
C) €1.79/$1.00.
D) €1/$1.00.
Correct Answer:
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