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A currency trader observes the following quotes in the spot market: 1 U.S. dollar = 10.785 Mexican pesos 1 British pound = 8.750 Danish krone
A currency trader observes the following quotes in the spot market: 1 U.S. dollar = 10.785 Mexican pesos 1 British pound = 8.750 Danish krone 1 British pound = 1.65 U.S. dollars Given this information, how many Mexican pesos can be purchased for 1 Danish krone? 2.5019 1.9482 2.1738 2.0337 2.0507
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