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QUESTION 22 A currency trader observes the following quotes in the spot market: 1 U.S. dollar = 122 Japanese yen 1 British pound = 2.25

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QUESTION 22 A currency trader observes the following quotes in the spot market: 1 U.S. dollar = 122 Japanese yen 1 British pound = 2.25 Swiss francs 1 British pound = 1.65 U.S. dollars Given this information how many yen can be purchased for 1 Swiss franc? a. 0.8505 O b.0.8723 OC. 0.8947 O d. 0.9170 e. 0.9400

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