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NAME 3. For the currencies in the table, the direct quotations (S/foreign currency) are give indirect (foreign currency/s) qu
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Answer #1

Indirect quotations are as follows:

Direct Quotation Indirect quotation British Pound $1.303440/GBP =1/1.303440= 0.7672 GBP/$ Swiss Franc $1.031673/CHF =1/1.0316

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