Question
If the exchange rate between the euro and the Russian ruble is RUR 8.25 per EUR, and the rate between the Canadian dollar and the
If the exchange rate between the euro and the Russian ruble is RUR 8.25 per EUR, and the rate between the Canadian dollar and the euro is CAD 1.4825 per EUR, what is the ruble/dollar cross rate?
a. CAD 0.1797 per RUR.
b. RUR 5.5649 per CAD.
c. RUR 0.1797 per CAD
d. CAD 5,5649 per RUR.
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
18th Edition
126409762X, 9781264097623
