On your post-graduation celebratory trip you decide to travel from Munich, Germany to Moscow, Russia. You leave
Question:
Spot rate on the dollar/euro cross rate $1.3214/€
Spot rate on the ruble/dollar cross rateRbl 30.96/$
a. What is the Russian ruble/euro cross rate?
b. How many rubles will you obtain for your euros?
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Related Book For 
Multinational Business Finance
ISBN: 978-0132743464
13th edition
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
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