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What the implied cross rate of usd or aud is

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Problem 1: Assume the following quotes: MYR4.3520/USD, MYR2.8377/AUD, and USD0.7688/AUD. The implied cross rate of USD/AUD is ____, indicating AUD is___.

Select one:

a. 0.6520; undervalued

b. 1.5336; undervalued

c. 0.6520; overvalued

d. 1.5336; overvalued

Reference no: EM132652298

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