A foreign exchange dealer has posted the following quotes. All the quotes are in FX/USD (US dollars per foreign currency). FX = Foreign Currency.

	We buy	We sell
Norway (NOK)	10.347	8.091
Japan (YEN)	155.04	122.12
Singapore (SGD)	2.28	1.75

Given the information in this table which of the following statements are true? I. A 100 NOK hotel room will cost you roughly 9.66 USD. II. A 100 USD hotel room will cost a Singaporean about 228 SGD. III. The Singaporean dollar is stronger than the Norwegian krone.

	A.	III
	B.	II
	C.	I and II
	D.	I, II and III
	E.	None of the statements are true.
	F.	I