The following direct quote exchange rates are found on the spot market today. a. Euro: $.9347 b.
Question:
a. Euro: $.9347
b. Israeli shekel: $.2586
c. British (U.K.) pound: $1.6544
d. Japanese yen: $.009423
Calculate the price of a U.S. dollar in terms of each currency, the indirect quote.
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a Euro 19347 10699 euros b Israeli ...View the full answer
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