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You Have Accessed the Following Spot Rates

Question 10

Multiple Choice

You have accessed the following spot rates:
U.S.dollar per pound = 1.50
Yen per U.S.dollar = 100.0
What is the exchange rate yen per pound?


A) 0.01 yen per pound
B) 0.015 yen per pound
C) 66.67 yen per pound
D) 150 yen per pound

Correct Answer:

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