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If recent direct quotes in U.S. Dollars are $1.65 for British pond and $0.50 for the Australian dollar, the exchange rate between British ponds and

If recent direct quotes in U.S. Dollars are $1.65 for British pond and $0.50 for the Australian dollar, the exchange rate between British ponds and Australian dollars (pounds/Australian dollars) is:

a. 3.30 Australian dollars to the British pound

b. 3.30 British pounds to the Australian dollar

c. .3030 Australian dollars to the British pound

d. .3030 British pounds to the Australian dollar

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