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2) Suppose you observe the following exchange rates: 1 = $1.25 and 1 = $2.00. Calculate me euro-pound cross-rate. B) A) 1 = 1.60 1

2) Suppose you observe the following exchange rates: 1 = $1.25 and 1 = $2.00. Calculate me euro-pound cross-rate. B) A) 1 = 1.60 1 = 0.625 C) 2.50 = 1 D) 1 = 2.50

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