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an exchange rate: a) specifies how many units of one country's currency can be exchanged for the same number of the other country's currency b)
an exchange rate:
a) specifies how many units of one country's currency can be exchanged for the same number of the other country's currency
b) specifies how many units of one country's currency can be exchanged for one unit of the other country's currency
c) represnts a one for one trade of one currency in terms of another currency
d) is an expression of how market baskets are exchanged
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Contemporary Issues In Quantitative Finance
Authors: Ahmet Can Inci
1st Edition
1032101121, 978-1032101125
