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5. If the bid-ask rates for the euro is $1-$1.01, what are the bid-ask rates for the U.S. dollar in terms of euros? (Note: 1/1.01

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5. If the bid-ask rates for the euro is $1-$1.01, what are the bid-ask rates for the U.S. dollar in terms of euros? (Note: 1/1.01 0.99) a. EUR 1 - EUR 0.99 b. EUR 0.99 EUR 1 c. EUR 1.01 - EUR 1 d. None of the above. 6. Wisconsin Inc. conducts business in Zambia. Years ago, Wisconsin established a subsidiary in Zambia that has consistently generated very large costs denominated in Zambian kwacha. Wisconsin wishes to restructure its operations reduce economic exposure. Which of the following is a feasible way of accomplishing this? a. increase Zambian sales. b. increase use of Zambian supplies. c. restructure debt to increase debt payments in Zambia. d. all are feasible ways to reduce exposure

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