The Cross Rate Is The

question 2

Multiple Choice

The cross rate is the:

• A)exchange rate between the U.S.dollar and another currency.
• B)exchange rate between two currencies, neither of which is generally the U.S.dollar.
• C)rate converting the direct rate into the indirect rate.
• D)estimated based on the weighted average cost of capital by the agent at the exchange kiosk.
• E)None of the above.