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17. A Taiwanese company is to export electronic equipment into Europe, in particular Germany and Sweden, and needs to consider the exchange rate implications of

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17. A Taiwanese company is to export electronic equipment into Europe, in particular Germany and Sweden, and needs to consider the exchange rate implications of conducting business in euros and Swedish krona. Spot rates quoted are: USD/EUR 0.9275-85 USD/SEK 8.4531-41 Calculate the EUR/SEK cross-rate. A. EUR/SEK 0.1097-0.1098 B. EUR/SEK 9.1139- 9.1051 C. EUR/SEK 9.1051-9.1139 D. EUR/SEK 9.1040-9.1149

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