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22. Given the following FX quote: 115 JPY/USD. From a JPY-based investor, this is: A) a direct quote, and the price currency is USD. B)

22. Given the following FX quote: 115 JPY/USD. From a JPY-based investor, this is: A) a direct quote, and the price currency is USD. B) a direct quote, and the base currency is USD. C) a direct quote, and the base currency is JPY D) an indirect quote, and the price currency is JPY. E) an indirect quote, and the base currency is USD

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