Question: Question 1 A foreign exchange trader quotes the dollar value of one euro as :$ = 1.1510-1.1520. Is this an indirect quote or direct quote

Question 1 A foreign exchange trader quotes the dollar value of one euro as :$ = 1.1510-1.1520. Is this an indirect quote or direct quote for a New York trader? What would be the implicit quotes for $: ? indirect, $: -0.86805-0.086881 o direct, $: = 0.86805-0.086881 O indirect, $: -0.86881-0.086805 direct, $: = 0.86881 0.086805

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