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Suppose a Mexican peso is selling for $0.3426 and a Brazilian real is selling for $1.4993. What is the exchange rate (cross rate) of the
Suppose a Mexican peso is selling for $0.3426 and a Brazilian real is selling for $1.4993. What is the exchange rate (cross rate) of the Mexican peso to the Brazilian real? That is, how many Mexican pesos are equal to a Brazilian Real? (Do not round intermediate calculations. Round the final answer to 4 decimal places.) Exchange rate peso
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