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Gold is priced in the USD. If gold closes today at USD 1.225 per ounce, how much is the cost of gold in Thailand, whose
Gold is priced in the USD. If gold closes today at USD 1.225 per ounce, how much is the cost of gold in Thailand, whose Baht is traded at THB 32/USD? A) USD 38.28/oz B) THB 38.28/oz C) THB 39.20/oz D) THB 39,200/oz
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