Which of the following refers to the rate at which one currency is exchanged for another? A. Interest rateB. Exchange rateC. Inflation rateD. Capitalization rate need help!

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
ChapterP1: Part 1: Integrative Problem: The International Financial Environment
Section: Chapter Questions
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Which of the following refers to the rate at which one currency is exchanged for another?

A. Interest rate
B. Exchange rate
C. Inflation rate
D. Capitalization rate 
need help!

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