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If the spot exchange rate is 108 per dollar, how many dollars are required to buy a Japanese yen? 1) $0.0093 2) $0.0068 3) $0.0084

If the spot exchange rate is 108 per dollar, how many dollars are required to buy a Japanese yen? 1) $0.0093 2) $0.0068 3) $0.0084 4) $0.0078 5) $0.0106

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