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Suppose that an ounce of gold costs 15 U.S. dollar and 14.3028 Italian lira. An ounce of silver costs 0.7302 Italian lira and 0.1605 Swiss
Suppose that an ounce of gold costs 15 U.S. dollar and 14.3028 Italian lira. An ounce of silver costs 0.7302 Italian lira and 0.1605 Swiss francs. How much Swiss franc can a U.S. dollar buy?
a. 0.23
b. 0.30
c. 0.11
d. 0.21
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