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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

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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. If you (an American) were looking to buy Brazilian reals, where would you buy it? New York O London Either New York or London An investor is examining the exchange rates in New York and London. For simplicity, the rates are all quoted versus the U.S. dollar. In New York: The euro rate is $1.30. The pound rate is $0.89. The Swiss franc rate is 1.18 SF. In London: The euro rate is $1.27. The pound rate is $0.93. The Swiss franc rate is 1.20 SF. What should a firm with an asset in London do if the forward rate is $0.95? O lag the conversion to the dollar lag the conversion to the pound O lead the conversion to the dollar O lead the conversion to the pound

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