If the exchange rates are 150 pound1 and yen100 1 what


Suppose that an Apple iPhone costs $200 in the United States, £65 in the United Kingdom, and ¥35,000 in Japan. If the exchange rates are $1.50 = £1 and ¥100 = $1, what are the real exchange rates between the dollar and the yen and the dollar and the pound?

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Financial Management: If the exchange rates are 150 pound1 and yen100 1 what
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