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Suppose you observe the following exchange rates: 1 = $1.25; 1 = $2.00. Calculate the europound exchange rate. A. 1 = 1.60 B. 1 =

Suppose you observe the following exchange rates: 1 = $1.25; 1 = $2.00. Calculate the europound exchange rate. A. 1 = 1.60 B. 1 = 0.625 C. 2.50 = 1 D. 1 = 2.50

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