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Spot rate between us and japanese yen

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Reference no: EM131329721

Find out the cross rate between US$ and British Pound Sterling(£) if the spot rate between British Pound Sterling and Japanese Yen(¥) is ¥121/£ and the spot rate between US$ and Japanese Yen is ¥85/$.

A. $1.52/£.

B. $1.42/£.

C. $0.70/£.

D. £1.52/$.

Reference no: EM131329721

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