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A major U.S. multinational firm has forecast the euro/dollar rate to be 1.15/$ one year hence, and an exchange rate of $1.40 for the British
- A major U.S. multinational firm has forecast the euro/dollar rate to be 1.15/$ one year hence, and an exchange rate of $1.40 for the British pound () in the same time period. What does this imply the company's expected rate for the euro per pound to be in one year?
Question 1 options:
1.40/
1.40/
1.61/
1.61/
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