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Suppose the Spot Direct Quotes for the Italian Euro and Swedish

Question 30

Multiple Choice

Suppose the spot direct quotes for the Italian euro and Swedish krone are $1.2509-51 and $.1201-10,respectively.What is the direct quote for the Swedish krone in Milan?


A) €.00413-25/Kr
B) €.00422-31/Kr
C) €.0957-67/Kr
D) Kr.0957-67/€

Correct Answer:

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