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10. Direct and Indirect Quotes. Define and give an example of the following: A. Direct quote between the U.S. Dollar and the Mexican peso, where
10. Direct and Indirect Quotes. Define and give an example of the following:
A. Direct quote between the U.S. Dollar and the Mexican peso, where the United States is designated as the home country.
B. Indirect quote between the Japanese yen and the Chinese renminbi (yaun), where China is designated as the home country.
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