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If the direct exchange rate of the Mexican peso is $0.0503, what is the value of one dollar in pesos? A. 1.98 pesos B. 19.88

If the direct exchange rate of the Mexican peso is $0.0503, what is the value of one dollar in pesos?

A. 1.98 pesos

B. 19.88 pesos

C. 20.98 pesos

D. 198.80 pesos

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