Assume the following cross$-$exchange rates:

AUD$/$USD $\frac{0\mathrm{.}8750}{55}$

EUR$/$USD $1\mathrm{.}4495/05$

What is the bid rate for AUD in EUR terms?

Select one:

a$.1\mathrm{.}6572$

b$.1\mathrm{.}0062$

c$.0\mathrm{.}6034$

d$.0\mathrm{.}6040$