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Given that 1.25 USD/GBP, 1.10 USD/EUR, what is implied forex (short for foreign exchange) rate in EUR/GBP? A. 1.1364 B. .8800 C. 1.3750 D. 1.3570

Given that 1.25 USD/GBP, 1.10 USD/EUR, what is implied forex (short for foreign exchange) rate in EUR/GBP?
  • A. 1.1364
  • B. .8800
  • C. 1.3750
  • D. 1.3570

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