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Assume the foreign exchange rate quotes are such that $1 is equal to 6.25 units of Norwegian krones and 0.7393 units of Euros. Also, those

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Assume the foreign exchange rate quotes are such that $1 is equal to 6.25 units of Norwegian krones and 0.7393 units of Euros. Also, those quotes can be expressed as Norwegian krones 6.25/S and Euros 0.7393/$. How many Euros is needed to buy 1 unit of Norwegian krone? Norwegian krones 16.9076/Euro none of the answers is correct Euros 5.1817/Norwegian krone Euros 0.1183/Norwegian krone Norwegian krones 6.0183/Euro

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