Question: Dollar - euro exchange rate is 1 . 2 $ / ( 1 . 2 dollars equals one euro ) and euro - yen exchange

Dollar-euro exchange rate is 1.2 $/(1.2 dollars equals one euro) and euro-yen exchange rate is 0.008/(0.008 euros equals one yen). If there are no arbitrage opportunities, what is the yen-dollar (/$) exchange rate?
A.
89.731
B.
110.192
C.
120.543
D.
104.167

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