O a. CNY 0.05812-11/OMR O b. OMR 0.05811-2/CNY OC. OMR 0.05812-911/CNY O d. OMR 0.05811-5/CNY

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter3: International Financial Markets
Section: Chapter Questions
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A bank offered the following exchange rates: CNY 17.2055-94/OMR, A Chinese client wants to know the alternative quote. Determine the inverse
quote for this bank.
O a. CNY 0.05812-11/OMR
O b. OMR 0.05811-2/CNY
O C. OMR 0.05812-911/CNY
O d. OMR 0.05811-5/CNY
Transcribed Image Text:A bank offered the following exchange rates: CNY 17.2055-94/OMR, A Chinese client wants to know the alternative quote. Determine the inverse quote for this bank. O a. CNY 0.05812-11/OMR O b. OMR 0.05811-2/CNY O C. OMR 0.05812-911/CNY O d. OMR 0.05811-5/CNY
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