Find the exchange rate between the dollar and the British pounds for the following cases.
Definitions:
Odd Pricing
A pricing strategy that involves setting prices just below round numbers (e.g., $9.99 instead of $10) to make products appear cheaper to consumers.
Gray Market Activity
The trade of a commodity through distribution channels that, while legal, are unofficial, unauthorized, or unintended by the original manufacturer.
Luxury Watches
High-end, often expensive timepieces that are considered a symbol of status and craftsmanship, combining precision in timekeeping with elaborate design and materials.
Cheaper Market
A market characterized by lower prices, often due to lower cost of living, production, or services compared to other markets.
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