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
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter17: Multinational Financial Management
Section: Chapter Questions
Problem 6P
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International
- 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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