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Question 14 1 pts You are a U.S.-based treasurer with $1,000,000 to invest. The euro-dollar exchange rate is quoted as $1.40 = 1.00 and the

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Question 14 1 pts You are a U.S.-based treasurer with $1,000,000 to invest. The euro-dollar exchange rate is quoted as $1.40 = 1.00 and the pound-dollar exchange rate is quoted as $1.65 = 1.00. If a bank quotes you a cross rate of 1.00 = 1.20, you should Sell Euro () to buy GBP () o Sell GBP () and buy USD ($) Sell GBP () and buy Euro () Sell USD ($) and buy Euro ()

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