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Given the following information: American Terms European Terms Bank Quotations British pounds Euros Bid $ 1.6548 $ 1.2500 Ask $ 1.6570 $ 1.2525 Bid 0.6035

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Given the following information: American Terms European Terms Bank Quotations British pounds Euros Bid $ 1.6548 $ 1.2500 Ask $ 1.6570 $ 1.2525 Bid 0.6035 0.7984 Ask 0.6043 0.8000 Using the table above, what is the bid price of pounds in terms of euro? 0.7543/ None of the options 0 1.3038/ 0.7569/ 1.3212/

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