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Using the top lines record the dollar cost of a Euro, the Euro cost of a British Pound, and the British Pound cost of a

Using the top lines record the dollar cost of a Euro, the Euro cost of a British Pound, and the British Pound cost of a dollar. Multiply the exchange rates together. What value did you get? What do you think that means? You must calculate the correct value here to reach the conclusion I am looking for. We did not learn the answer in class. Rather I am looking for you to use your financial reasoning skills developed over the course to come up with an answer.

American Dollar

Euro

1

0.82

Euro

British Pound

1

0.86

British Pound

American Dollar

1

1.41

Exchange Rate Multiplied

0.998

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