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One of the questions I like to ask a student to explain is about interpreting a currency quote. Look up the value of the US
One of the questions I like to ask a student to explain is about interpreting a currency quote. Look up the value of the US vs Canadian dollar at this present time. Now, from the perspective of the currency market, how would the exchange rate of the Canadian dollar to the US dollar be expressed? State the form of the expression and explain the parts of the expression please.
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