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Suppose you observe the following exchange rates: 1 = $ 1 . 0 5 and 1 = $ 1 . 5 0 . What would

Suppose you observe the following exchange rates: 1= $1.05 and 1= $1.50. What would be the euro-pound cross exchange rate?
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1=1.60
1=0.625
1=0.7
1=2.50

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