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International financial management: MCQ If the direct exchange rate of the pound is worth $1.3825, What is the indirect rate of the pound? (a) about 0.7233 US dollars. (b) about 1.3825 pounds. (c) about 0.7233 pounds.    (d) about 0.7533 pounds.  2. Assume the Canadian dollar is equal to £0.51 and the Peruvian Sol is equal to £0.16. The value of the Canadian dollars Peruvian Sol is: (a) about 3.1875 Sol (b) about .3137 Sol (c) about 5.7681 Sol

International financial management: MCQ If the direct exchange rate of the pound is worth $1.3825, What is the indirect rate of the pound? (a) about 0.7233 US dollars. (b) about 1.3825 pounds. (c) about 0.7233 pounds.    (d) about 0.7533 pounds.  2. Assume the Canadian dollar is equal to £0.51 and the Peruvian Sol is equal to £0.16. The value of the Canadian dollars Peruvian Sol is: (a) about 3.1875 Sol (b) about .3137 Sol (c) about 5.7681 Sol

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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International financial management: MCQ

  1. If the direct exchange rate of the pound is worth $1.3825, What is the indirect rate of the pound?

(a) about 0.7233 US dollars.

(b) about 1.3825 pounds.

(c) about 0.7233 pounds.   

(d) about 0.7533 pounds.

 2. Assume the Canadian dollar is equal to £0.51 and the Peruvian Sol is equal to £0.16. The value of the Canadian dollars Peruvian Sol is:

(a) about 3.1875 Sol

(b) about .3137 Sol

(c) about 5.7681 Sol

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