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Question 12 Consider the quotes below. What is the ask of the INR / CAD cross-rate? Bank Quotations Bid Ask EUR / CAD 1.70 1.75

Question 12 Consider the quotes below. What is the ask of the INR / CAD cross-rate? Bank Quotations Bid Ask EUR / CAD 1.70 1.75 EUR/INR 1.05 1.14

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