With an indirect quote for the Dinar (the currency unit in Jordan) is 0.5456. Which of the following is true?
I. You can buy C$1.00 for 0.5456 Dinar
II. You can buy C$0.5456 for 1.00 Dinar
III. You can buy C$1.00 for 1.8329 Dinar
IV. You can buy C$1.8329 for 1.00 Dinar
A) I only
B) II only
C) Both I and IV
D) Both II and III
E) Both II and IV
Correct Answer:
Verified
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