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boland boland
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7 years ago
Foreign exchange quotes are often confusing. Define these terms and then identify the types of quotes that follow. Direct quote, indirect quote, American terms, European terms.

EUR0.686 = USD1, this quote found in Frankfurt, Germany
USD1.4577 = EUR1.0, this quote found in San Francisco, California
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
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noxx53noxx53
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