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3. Spot rate: Given the following direct quotes, calculate the equivalent indirect quotes. (a) $0.0844/Mexican peso (b) 0.8513/ (c) Rs54.64/C$
3. Spot rate: Given the following direct quotes, calculate the equivalent indirect quotes.
(a) $0.0844/Mexican peso
(b) 0.8513/
(c) Rs54.64/C$
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Financial Markets And Institutions
Authors: Jeff Madura
13th Edition
0357130790, 978-0357130797
