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Suppose you observe the following exchange rates: 1 = $1.25; 1 = $2.00. Calculate the euro-pound crossrate. 2.50 = 1 1 = 1.60 1 =
Suppose you observe the following exchange rates: 1 = $1.25; 1 = $2.00. Calculate the euro-pound crossrate.
| 2.50 = 1 | ||
| 1 = 1.60 | ||
| 1 = 2.50 | ||
| 1 = 0.625 |
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Principles Of Finance With Excel
Authors: Simon Benninga
1st Edition
0195301501, 978-0195301502
