After spending a week in Moscow you get an email from your friend in Japan. He can
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Spot rate on the rubles/dollar cross rateRbl 30.96/$
Spot rate on the yen/dollar cross rate ¥84.02/$
a. What is the Russian ruble/euro cross rate?
b. How many rubles will you obtain for your euros?
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Related Book For
Multinational Business Finance
ISBN: 978-0132743464
13th edition
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
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