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The Danish Currency,the Krone,is Pegged to the Euro at a Rate

Question 153

Multiple Choice

The Danish currency,the krone,is pegged to the euro at a rate of 7.43 kroner (kroner is the plural of krone) to the euro.At the pegged exchange rate,how many euros would be exchanged for one krone?


A) 0.135
B) 1.00
C) 2.48
D) 7.43

Correct Answer:

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