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2 3 ) From the viewpoint of a British investor, which of the following would be a direct quote in the foreign exchange market? A

23) From the viewpoint of a British investor, which of the following would be a direct quote in the foreign exchange market?
A) SF2.40/
B) $1.50/
C)0.55/
D) $0.90/
E)1.818/
24) Other things equal, and assuming efficient markets, if a Honda Accord costs $21,375 in the U.S. then at an exchange rate of $1.98/, the Honda Accord should cost ________ in Great Britain.
A)21,375
B)18,365
C)10,795
D)42,322
E)21,161

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