Which of the following currency trades is consistent with the current exchange rates of 100 yen for US$1 and 1British pound for US$1.50?
A) 750 yen for 6 British pounds
B) 200 yen for 2 British pounds
C) 200British pounds for 3,000 yen
D) 300 yen for 2 British pounds
Correct Answer:
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