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Question 1 1 Answer you observe the following two quotations: usd / cad = 1 . 3 2 5 1 usd / thb = 3
Question Answer you observe the following two quotations: usdcad usd thb based on the above quotes, what exchange rate would you expect for cadthb computed using a cross rate?
a
Exchange rate is expected to be CAD
b
Exchange rate is expected to be CAD
c
Exchange rate is expected to be CAD
Exchange rate is expected to be CAD
a
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