Question: Suppose that the current exchange rate is 1 . 0 0 = $ 1 . 8 0 . The indirect quote, from the U .

Suppose that the current exchange rate is 1.00=$1.80. The indirect quote, from the U.S. perspective is
1.00=$1.80.
C0.5556=$1.00
0.6250=$1.00.
C1.80=$1.00
Suppose that the current exchange rate is 1 . 0 0

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