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The current spot rate of dollars per Euro is $1.19/1 and the current spot rate of dollars per pound is $1.34/1. What is the current
The current spot rate of dollars per Euro is $1.19/1 and the current spot rate of dollars per pound is $1.34/1. What is the current spot rate of pounds per euros?
A. 1.0579
B. 0.8881
C. 0.7577
D. 0.9872
Please show your work. Thanks!
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