Question: 2. Suppose that the current exchange rate is 1.00 = $1.60. The indirect quote, from the U.S. perspective is 60.6250 = $1.00. 3. If the

2. Suppose that the current exchange rate is 1.00 = $1.60. The indirect quote, from the U.S. perspective is 60.6250 = $1.00. 3. If the $/e bid and ask prices are $1.50/6 and $1.51/e, respectively, the corresponding c/$ bid and ask prices are 60.6623 and 60.6667. 4. The dollar-euro exchange rate is $1.25 =

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