Problem 3.3 DuBois and Keller Chantal DuBois lives in Brussels. She can buy a U.S. dollar for 0.7600. Christopher Keller, living in New York City, can buy a euro for $1.3200. What is the foreign exchange rate between the dollar and the euro? Assumptions Buy a US dollar in Brussels for (/$) Which is equivalent, the reciprocal ($/) Buy a euro in NY for ($/) Which is equivalent, the reciprocal (/$) Values 0.7600 $1.3158 $1.3200 0.7576 There is an obvious minor difference between the two currency quotes.