Taking the euro as the home currency: a Write the following in direct form: EURUSD 1.37; GBPEUR

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Taking the euro as the home currency:

a Write the following in direct form: EURUSD 1.37; GBPEUR 1.2; EURRUB 65; EURBTC 41,039.

b Write the following in indirect form: 0.14 CNYEUR, 0.00769 JPYEUR, EURUSD 0.8849.

c Which of your answers to a and b are likely to be quoted in the other format? Explain why.

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International Financial Management

ISBN: 9781473787216

6th Edition

Authors: Jeff Madura, Roland Fox

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Question Posted: Jun 10, 2024 02:09 AM

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Taking the euro as the home currency: a Write the following in direct form: EURUSD 1.37; GBPEUR

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International Financial Management

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