Assume the foreign exchange rate quotes are such that $1 is equal to 2.7855 units of Brazilian reals and 0.8083 units of

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answerhappygod
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Assume the foreign exchange rate quotes are such that $1 is equal to 2.7855 units of Brazilian reals and 0.8083 units of

Post by answerhappygod »

Assume the foreign exchange rate quotes are such that $1 is
equal to 2.7855 units of Brazilian reals and 0.8083 units of Euros.
Also, those quotes can be expressed as Brazilian reals 2.7855/$ and
Euros 0.8083/$. How many Brazilian reals is needed to buy 1 unit of
Euro?
Group of answer choices
Euros 6.1902/Brazilian real
Brazilian reals 3.946/Euro
Brazilian reals 5.0098/Euro
Euros 0.2902/Brazilian real
none of the answers is correct
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