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boland boland
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Posts: 1892
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8 years ago
In London an investor can buy a U.S. dollar for £0.6102. In New York the £/$ exchange rate is the same as found in London. Given this information, what is the $/£ exchange rate in New York?
A) £1.6388/$
B) £0.6102/$
C) $1.6388/£
D) $0.6102/£
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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7 years ago
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boland Author
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#2
7 years ago
Woah how do you have the time to do all this?!

Thanks Smiling Face with Open Mouth
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#3
7 years ago
Happy to help Smiling Face with Open Mouth
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#4
3 years ago
Thank you!
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