Multiple Choice
The dollar-euro exchange rate is $1.25 = €1.00 and the dollar-yen exchange rate is ¥100 = $1.00.What is the euro-yen cross rate?
A) €125 = ¥1.00
B) €1.00 = ¥125
C) €1.00 = ¥0.80
D) none of the options
Correct Answer:
Verified
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