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Suppose you observe the following exchange rates: 1=$1.50 and 1=$2.00. Calculate the euro-pound crossrate. 1.25=1.001.3333=1.003.00=11.3333=1.00

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Suppose you observe the following exchange rates: 1=$1.50 and 1=$2.00. Calculate the euro-pound crossrate. 1.25=1.001.3333=1.003.00=11.3333=1.00

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