Which of the following are correct?

Question

Quizplus · Accepted Answer

Option B is correct. This is because dividing by a currency unit is the same as multiplying by the reciprocal of the exchange rate, i.e., $\$ / j = 1 / (j / \$)$ and $\$ / k = 1 / (k / \$)$. Therefore, option B can be rewritten as:

$F_N(j/k) = \frac{F_N(j/\$)}{F_N(k/\$)} \times \frac{\$}{\$}$

which simplifies to

$F_N(j/k) = \frac{F_N(j/\$)}{F_N(k/\$)}$

Options A and C are not correct as they have the exchange rate in the numerator instead of the denominator.

Which of the Following Are Correct? A) FN(j/k)=FN($/j)FN($/k)F _ { N } ( j / k ) = \frac { F _ { N } ( \$ / j ) } { F _ { N } ( \$ / k ) }FN​(j/k)=FN​($/k)FN​($/j)​

Which of the Following Are Correct?
A) $F _ { N } ( j / k ) = \frac { F _ { N } ( \$ / j ) } { F _ { N } ( \$ / k ) }$