Which of the Following Currency Trades Is Consistent with the Current

question 47

Multiple Choice

Which of the following currency trades is consistent with the current exchange rates of 100 yen for US$1 and 1British pound for US$1.50?

• A) 750 yen for 6 British pounds
• B) 200 yen for 2 British pounds
• C) 200British pounds for 3,000 yen
• D) 300 yen for 2 British pounds

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