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(Cross rates) This morning, you noticed the following information in your financial newspaper: 1 British pound equals = 102.65 yen (JPY) 1 U.S. dollar equals
(Cross rates) This morning, you noticed the following information in your financial newspaper:
1 British pound equals = 102.65 yen (JPY)
1 U.S. dollar equals = 81.46 yen
1 U.S. dollar equals = 0.78 euros
Given this information, how many euros did the newspaper likely state could be converted from 1 British pound?
1.? How many euros did the newspaper likely state could be converted from 1 British pound?
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