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Which of the following is correct based on the exchange rate quotations below? CHF / USD = 1 . 3 0 0 0 USD /
Which of the following is correct based on the exchange rate quotations below?
CHFUSD
USDGBP
CHFGBP
Question Select one:
A
No arbitrage opportunity exists
B
USD is overpriced relative to the CHF
C
GBP is overpriced relative to the CHF
D
GBP is underpriced relative to the CHF
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