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Assuming that the bond sells at par, the implicit $/ exchange rate at maturity of a Euro-U.S. dollar dual currency bond that pays 651.25 at
Assuming that the bond sells at par, the implicit $/ exchange rate at maturity of a Euro-U.S. dollar dual currency bond that pays 651.25 at maturity per $1,000 of par value is Multiple Choice $1.72/1.00. O $1.54/1.00. O $1.27/1.00. $1.62/1.00
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