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Assuming that the bond sells at par, the implicit $/ exchange rate at maturity of a British poundU.S. dollar dual currency bond that pays 581.40

Assuming that the bond sells at par, the implicit $/ exchange rate at maturity of a British poundU.S. dollar dual currency bond that pays 581.40 at maturity per $1,000 of par value is Multiple Choice

$1.95/1.00.

$1.72/1.00.

$1.58/1.00.

$0.5814/1.00.

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