a) The British pound direct quote is $1.2666 per pound, calculate the indirect quote.

The answer format: four decimals, include the price currency only. For example "1.0000 (dollar)", or "1.0000 (pound)"

b) In the exchange rate "A$1.38/$" the U.S. dollar is the price currency and the Australian dollar is the base currency.

True or False

c) You've obtained quotes for Malaysian ringgit: $0.2300/RM and $0.2330RM. Which one of the following is correct?

		The direct ask rate of ringgit is $4.3478/RM.
		The direct ask rate of ringgit is $0.2330/RM.
		The direct ask rate of ringgit is $0.2300/RM.
		The direct ask rate of ringgit is $4.2918/RM.