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Suppose the Brazilian real is quoted at R 0.9955-1.0076/USD and the Thai Bhat is quoted at B 25.2513-3986/USD. What is the direct quote (Thai Bhat/Brazilian
Suppose the Brazilian real is quoted at R 0.9955-1.0076/USD and the Thai Bhat is quoted at B 25.2513-3986/USD. What is the direct quote (Thai Bhat/Brazilian real) in Bangkok? (note: This questions is asking you to calculate the bid and ask cross rate for the real.)
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