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An investor is examining exchange rates in London and New York. For simplicity, all rates are quoted versus the U.S. dol

Posted: Sun Jul 03, 2022 6:43 am
by answerhappygod
An investor is examining exchange rates in London and New York.For simplicity, all rates are quoted versus the U.S. dollar. In NewYork: the British pound rate is $1.35, the euro rate is $0.98, theCanadian dollar rate is 1.34 Canadian dollar, and the Yen rate is117 Yen.
In London: the British pound rate is $1.38, the euro rate is$0.95, the Canadian dollar rate is 1.31 Canadian dollar, and theYen rate is 115 Yen.
The euro rate in London just changed to $0.93.
the euro depreciated and the dollar appreciated
the euro depreciated and the dollar depreciated
the euro appreciated and the dollar depreciated
the euro appreciated and the dollar appreciated
An investor is examining exchange rates in London and New York.For simplicity, all rates are quoted versus the U.S. dollar. In NewYork: the British pound rate is $1.57, the euro rate is $1.48, theCanadian dollar rate is 0.74 Canadian dollar, and the Yen rate is108 Yen.
In London: the British pound rate is $1.61, the euro rate is$1.44, the Canadian dollar rate is 0.77 Canadian dollar, and theYen rate is 110 Yen.
What is the Yen/Canadian dollar cross rate in New York?
142.86
145.95
0.007
0.0069