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Suppose you have the following information: 1 USD= 20.828 MXP 1 AUD= 0.657 USD What is the MXP/AUD cross rate?

Suppose you have the following information: 1 USD= 20.828 MXP 1 AUD= 0.657 USD What is the MXP/AUD cross rate?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Suppose you have the following information: 1 USD= 20.828 MXP 1 AUD= 0.657 USD What is the MXP/AUD cross rate?
Transcribed Image Text:Suppose you have the following information: 1 USD= 20.828 MXP 1 AUD= 0.657 USD What is the MXP/AUD cross rate?
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