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The following spot rates are observed in the foreign exchange market: _ _ _ _ _ _ _ _ _ _ _ _ _ _
The following spot rates are observed in the foreign exchange market:
Currency Units Required to Buy One US Dollar
Britain Pound
Japan Yen
Europe Euro
On the basis of this information, compute to the nearest second decimal the number of
a British pounds that can be acquired for Us $
b Euros that can be acquired for US $
c US dollar that Euros can buy
d US dollars that Japanese yen will buy
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