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You observe the following spot rates: USD 1.2800/EUR and INR 45.50/USD. Therefore, the cross exchange rate should be: Which option is correct? INR 0.01717 /

You observe the following spot rates: USD 1.2800/EUR and INR 45.50/USD. Therefore, the cross exchange rate should be:

Which option is correct?

INR 0.01717 / EUR

EUR 0.01717 / INR

EUR 58.2400 / INR

INR 35.5469 / EUR

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