If the Spot Rate Is Quoted as $0

question 54

Multiple Choice

If the spot rate is quoted as $0.009369/¥, what is the exchange rate in terms of yen per dollar? (Round your final answer to the four decimal places.)

• A) ¥0.009369/$
• B) ¥0.936900/$
• C) ¥106.7350/$
• D) ¥16.7350/$

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Definitions:

RTO Timer

A "Retentive Timer On" in programmable logic controllers, maintaining its accumulated value even after the input condition goes false.

Instantaneous Contacts

Contacts in an electrical circuit or relay that make or break a connection immediately upon actuation, without delay.