Question
Use the following quote from the Wall Street Journal dated October 31, 2XX1 to answer the question: ---Fri--- Country/Currency in US$ per US$ UK pound
Use the following quote from the Wall Street Journal dated October 31, 2XX1 to answer the question:
| ---Fri--- | ||
| Country/Currency | in US$ | per US$ |
| UK pound | 1.6015 | 0.6244 |
| Sweden krona | 0.1504 | 6.6489 |
| Mexico peso | 0.0771 | 12.9702 |
The cross foreign exchange rate for kronas per pound is approximately________?
| A. | 1.000 krona/pound | |
| B. | 0.241 krona/pound | |
| C. | 0.094 krona/pound | |
| D. | 10.648 krona/pound | |
| E. | 4.152 krona/pound |
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Financial Management For Nonprofit Human Service Organizations
Authors: Raymond Sanchez Mayers
2nd Edition
0398075131, 9780398075132
