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08-04-2024
Business

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Suppose it is January 1980 and the $/DM exchange rate is$. 35/DM and the DM/FF exchange rate is DM. 31/FF. What is theFF/$ cross rate?
A. FF9. 217/$
B. FF3. 226/$
C. FF1. 129/$
D. FF. 886/$

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