Under the golden standard the price of an ounce of gold in, Financial Management

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Under the golden standard the price of an ounce of gold in

Under the golden standard, the price of an ounce of gold in U.S. dollars was $20.67, while the price of that same ounce in British pounds was €3.7683. What would be the exchange rate between the dollar and the pound if the U.S. dollar price had been $42.00 per ounce of gold?

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