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stranahan stranahan
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7 years ago
To determine the exchange rate between British pounds and Brazilian reals, you can convert pounds into U.S. dollars at the direct rate and then convert dollars into reals at the indirect rate. You now have a cross rate (pounds to reals) via the U.S. dollar.
A) True
B) False
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Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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Awful_HomieAwful_Homie
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7 years ago
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stranahan Author
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7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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