In each of the following cases calculate the price of
In each of the following cases, calculate the price of one share of the foreign stock measured in United States dollars (US$).
a. A Belgian stock priced at 103.2 euros (€) when the exchange rate is 0.8595€/US$.
b. A Swiss stock priced at 93.3 Swiss francs (Sf) when the exchange rate is 1.333 Sf/US$.
c. A Japanese stock priced at 1,350 yen (¥) when the exchange rate is 110 ¥/US$.
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