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boland boland
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Posts: 1892
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7 years ago
A major U.S. multinational firm has forecast the euro/dollar rate to be euro1.10/$ one year hence, and an exchange rate of $1.40 for the British pound (£) in the same time period. What does this imply the company's expected rate for the euro per pound to be in one year?
A) euro 1.40/£
B) £1.40/euro
C) euro 1.54/£
D) £1.54/euro
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
This is awesome, thanks so much
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#3
7 years ago
Happy to help Smiling Face with Open Mouth
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