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Department of Business Administration BUS 405: International Financial Management JULY/AUGUST LVS 2020 First Assignment QUESTION 1: Convert the following indirect quotes to direct quotes and

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Department of Business Administration BUS 405: International Financial Management JULY/AUGUST LVS 2020 First Assignment QUESTION 1: Convert the following indirect quotes to direct quotes and direct quotes to indirect quotes: a) Euros: 1.22/$ (indirect quote) b) Russia: Rub 30/$ (indirect quote) c) Canada: $0.727C$ (direct quote) d) Denmark: $0.1644/DKr (direct quote)

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