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24. Suppose the direct foreign exchange rates in U.S. dollars are as listed below. What is the indirect exchange rate for both currencies? 1 Japanese

24.

Suppose the direct foreign exchange rates in U.S. dollars are as listed below. What is the indirect exchange rate for both currencies?

1 Japanese yen = $0.0085

1 Bahrain dinar = $2.651

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117.6471 Japanese yen and 0.3772 Bahrain dinar respectively

0.3772 Japanese yen and 117.6471 Bahrain dinar respectively

2.651 Japanese yen and 0.3772 Bahrain dinar respectively

0.0085 Japanese yen and 2.651 Bahrain dinar respectively

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