Question: Based on the following quotes, Bank A: $ 1 . 1 6 = 1 Bank B: 1 . 2 5 = 1 Bank C: $
Based on the following quotes,
Bank A: $
Bank B:
Bank C: $
Assume the quotes in Banks B and C are correct, is US dollar overpriced, underpriced, or priced correctly in Bank A
Select one:
a Underpriced
b Dollar is correctly priced.
c Overpriced
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