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Suppose you observe the following exchange rates: 1 = $1.45 and 1 = $1.90. Calculate the euro-pound cross-rate. 3-1 1.3103- 1.00 1.3333- 1.00 2.00-1
Suppose you observe the following exchange rates: 1 = $1.45 and 1 = $1.90. Calculate the euro-pound cross-rate. 3-1 1.3103- 1.00 1.3333- 1.00 2.00-1
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