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Use the following quote from the Wall Street Journal dated April 29, 2XX1 to answer the question: ---Fri--- Country/Currency in US$ per US$ UK pound

Use the following quote from the Wall Street Journal dated April 29, 2XX1 to answer the question:

---Fri---
Country/Currency in US$ per US$
UK pound 1.4675 0.6814
Euro 1.1535 0.8669
Hong Kong dollar (HKD) 0.1289 7.7580

The cross foreign exchange rate for Hong Kong dollars per pound is approximately________?

A.

1.272 HKD/pound

B.

8.949 HKD/pound

C.

5.286 HKD/pound

D.

0.189HKD/pound

E.

11.385 HKD/pound

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