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A UK company has an overall cost of 70m$ and expects to receive 50M$ from its US branch. what is the exchange rate that will

  1. A UK company has an overall cost of 70m$ and expects to receive 50M$ from its US branch. what is the exchange rate that will make the company breaks even.

None of the choices

Both 1GBP= 1.4$ and 1GBP= 0.714$ are correct

1GBP= 0.714$ only is correct

1GBP= 1.4$ only is correct

1$= 0.714 GBP only is correct

Both 1GBP= 1.4$ and 1$= 0.714 GBP are correct

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