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The following direct quote exchange rates are found on the spot market today. a. Euro: $.9347 b. Israeli shekel: $.2586 c. British (U.K.) pound: $1.6544

The following direct quote exchange rates are found on the spot market today.

a. Euro: $.9347

b. Israeli shekel: $.2586

c. British (U.K.) pound: $1.6544

d. Japanese yen: $0.009423

Calculate the price of a U.S. dollar in terms of each currency, the indirect quote.

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