9 Direct and indirect quotes Define the following with an example: a a direct quote between the...

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9 Direct and indirect quotes Define the following with an example:

a a direct quote between the Australian dollar and the Malaysian ringgit, where Australia is designated as the home currency b an indirect quote between the Japanese yen and the Chinese yuan, where China is designated as the home currency.

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International Financial Management

ISBN: 9780170449014

2nd Edition

Authors: Dr Jeff Madura, Prof Ariful Hoque,Prof Chandrasekhar Krishnamurti

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