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Given the following quotes, what should be the exchange rate between USD and EUR? GBP = British Pound. Bank X: 1GBP = 1.50USD Bank Y:
Given the following quotes, what should be the exchange rate between USD and EUR? GBP = British Pound. Bank X: 1GBP = 1.50USD Bank Y: 1GBP=1.30EUR $1= 1.1538. 1=$0.5128. 1-$1.1538. 1=$0.8667. $1=0.5128.
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