Question
1. A bank in Hong Kong is quoting an exchange rate as HK$ 7.8000/$. This quotation is in the following format: European: Direct in Hong
1. A bank in Hong Kong is quoting an exchange rate as HK$ 7.8000/$. This quotation is in the following format:
European: Direct in Hong Kong: Indirect in the United States
European: Indirect in Hong Kong; Direct in the United States
American; Direct in the United States; Indirect in Hong Kong
American; Direct in Hong Kong; Indirect in the United States
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
