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Suppose you observe the following exchange rates: 1 = $1.60; 1 = $2.00. Calculate the euro-pound exchange rate. 1.25 = 1.00 1.3333 = 1.00 1.3333

Suppose you observe the following exchange rates: 1 = $1.60; 1 = $2.00. Calculate the euro-pound exchange rate.

		1.25 = 1.00
		1.3333 = 1.00
		1.3333 = 1.00
		3.00 = 1

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