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: $1.16=1
Bank B: 1.25=1
Bank C: $1.40=1
Assume the quotes in Banks B and C are correct, is US dollar overpriced, under-priced, or priced correctly in Bank A?
Select one:
a. Under-priced
b. Dollar is correctly priced.
c. Over-priced
 Based on the following quotes, Bank A: $1.16=1 Bank B: 1.25=1

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