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THE SDR PROBLEM! Please be neat!!! 1. The rates in Table One are the amount of each currency that is in an SDR. Calculate the
THE SDR PROBLEM! Please be neat!!!
1. The rates in Table One are the amount of each currency that is in an SDR.
Calculate the value that an SDR in terms of US if the exchange rates are as follows (you
must show your work for max credit):
Yuan $.14/yuan
Euro $.98/euro
Yen 145 yen/$
Pound $1.15/Pound
Table 1: Currency units per SDR
Yuan 1.0174
Euro .38671
Yen 11.9
Pound 0859
Dollar 582
The value of an SDR in terms of dollars is____per SDR.
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