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Suppose you observe the following exchange rates: 1 = $1.60;1 = $2.00. Calculate the euro-pound exchange rate. Group of answer choices a-1.3333 =1.00 b-1.3333 =

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

Group of answer choices

a-1.3333 =1.00

b-1.3333 = 1.00

c-3.00 =1

d-1.25 =1.00

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