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A weak or soft currency is one that is expected to appreciate against most other currencies. True False An investor is examining exchange rates in

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A weak or soft currency is one that is expected to appreciate against most other currencies. True False An investor is examining exchange rates in London and New York. For simplicity, all rates are quoted versus the U.S. dollar. In New York: the Brazilian real rate is 1.6547, the euro rate is $1.6010, the Danish krone rate is 4.6605, and the Australian dollar rate is $0.9458. In London: the Brazilian real rate is 1.66, the euro rate is $1.61, the Danish krone rate is 4.62, and the Australian dollar rate is $0.93. What is the Brazilian real/Danish krone cross rate in New York? O 0.35505 O 2.81652 O 7.71173 O 0.12967

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