Quiz Ch 22 – Conversion of Indirect to Direct Exchange Rate

Fundamentals of Corporate Finance

Brealey, Myers, and Marcus

10th Edition

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In converting an indirect exchange rate to a direct exchange rate, which method is correct?

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  • Search Terms: a) . c) a an be by by: can converted currency. b) direct dividing dollars exchange indirect inverse multiplying number of one other purchase rate rate. rate. d) required spot taking the to u.s. unit
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