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Suppose that your firm is attempting to determine the euro/pound exchange rate and you have the following exchange rate information: GBP/USD = 1.5509 and the
Suppose that your firm is attempting to determine the euro/pound exchange rate and you have the following exchange rate information: GBP/USD = 1.5509 and the EUR/USD rate = 1.2194. Therefore, GBP1 = EUR .. (round the number to 4 decimals)
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