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A currency trader observes the following quotes in the spot market: 1 U.S. dollar 10.875 Mexican pesos 1 British pound = 7.500 Danish krone 1

A currency trader observes the following quotes in the spot market: 1 U.S. dollar 10.875 Mexican pesos 1 British pound = 7.500 Danish krone 1 British pound = -1.65 U.S. dollars Given this information, how many Mexican pesos can be purchased for 1 Danish krone? a. 2.0097 b. 2.3925 OC. 2.3446 d. 2.9188 e. 2.0815

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