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Country Britain (Pound) 62,500 1 Month Forward 3 Months Forward 6 Months Forward 12 Months Forward Euro 62,500 1 Month Forward 3 Months Forward 6
Country Britain (Pound) 62,500 1 Month Forward 3 Months Forward 6 Months Forward 12 Months Forward Euro 62,500 1 Month Forward 3 Months Forward 6 Months Forward 12 Months Forward U.S. $ equiv. Tuesday Monday 2.0000 1.9800 2.0100 1.9900 2.0200 2.0000 2.0300 2.0100 2.0400 2.0200 1.5000 1.4800 1.5100 1.4900 1.5200 1.5000 1.5300 1.5100 1.5400 1.5200 Currency per U.S. $ Tuesday Monday 0.5000 0.5051 0.4975 0.5025 0.4950 0.5000 0.4926 0.4975 0.4902 0.4950 0.6667 0.6757 0.6623 0.6711 0.6579 0.6667 0.6536 0.6623 0.6494 0.6579 Using the table shown, what is the spot cross-exchange rate between pounds and euro on Tuesday? Multiple Choice 1.00 = 0.75 o 1.33 = 1.00 o 1.00 = 0.75 o
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