Suppose the exchange rate between us dollars and japanese, Financial Management

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Suppose the exchange rate between us dollars and japanese

(spot exchange rate) Suppose the exchange rate between U.S dollars and Japanese yen is $1 US=¥ 79.1 JPY, and the exchange rate between the U.S dollar and the British pound is $1 US=£0.64 GBP, What is the cross rate of Japanese yen to British pound? (In other works, how many yen are needed to purchase 1 pound?)

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Financial Management: Suppose the exchange rate between us dollars and japanese

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Financial Management: Suppose the exchange rate between us dollars and japanese

Reference No:- TGS01421502

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