Business
Business, 24.06.2020 20:01, sross8799

Use the following information to answer the next two questions. Suppose the spot quote for pesos in terms of Canadian dollars is C$. 1215-25 and the spot quote for US dollars in terms of Canadian dollars is C$.9855-64. What is the bid quote for pesos in terms of US dollars? Round intermediate calculations to four decimal places. a) $.1243 b) $.1232 c) $.1242 d) $.1233 e) None of the above

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