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Consider the three banks that provided the following quotations for the U.S. dollar, Japanese yen and Russian ruble: Quoted Mid Price Citibank Value of a
Consider the three banks that provided the following quotations for the U.S. dollar, Japanese yen and Russian ruble:
Quoted Mid Price
Citibank Value of a Japanese yen in U.S. dollars (/$) $0.0085
JP Morgan Value of a Russian ruble in U.S. dollars (RUB/$) $0.0226
Mizuho Bank Value of a Russian ruble in Japanese yen (RUB/) 2.69
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What is the cross exchange rate between the Russian ruble and Japanese yen?
0.01678 | ||
0.03456 | ||
0.04568 | ||
0.022 |
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