Suppose it is January 1980 and the $/DM exchange rate is DM1 = $0.36 and...
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Accounting
- Suppose it is January 1980 and the $/DM exchange rate is DM1 = $0.36 and the DM/FF exchange rate is FF1 = DM0.39. What is the FF/$ exchange rate?
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| a. | 3.226 French Frank per dollar |
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| b. | 4.886 French Frank per dollar |
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| c. | 8.129 French Frank per dollar |
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| d. | 7.123 French Frank per dollar |
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