The amount of foreign currency that one U.S. dollar will buy is called the

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The amount of foreign currency that one U.S. dollar will buy is called the

The amount of foreign currency that one U.S. dollar will buy is called the
A) base rate.
B) counter rate.
C) indirect rate.
D) direct rate.
E) forward rate.

Textbook

Corporate Finance Online

Edition: 1^st

Authors: Eakins, McNally

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