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Assume that over a particular period the United States dollar (USD) appreciated against the Danish krone (DKK) by 10.90% and that the Danish krone

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Assume that over a particular period the United States dollar (USD) appreciated against the Danish krone (DKK) by 10.90% and that the Danish krone appreciated against the Indian rupee (INR) by 14.80%. If the spot rate at the start of the period was INR 73.686/USD, then what is the current end-of-period spot rate? a. INR 69.624/USD b. INR 75.371/USD C. INR 55.937/USD d. INR 93.812/USD e. INR 57.878/USD

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