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Basic Question 0 of 6
If the direct quotation for the euro is €:$ = 1.16, what is the indirect quotation?
B. -1.16
C. 0.862
A. 1.16
B. -1.16
C. 0.862
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Learning Outcome Statements
calculate and interpret the percentage change in a currency relative to another currency;
CFA® 2024 Level I Curriculum, Volume 2, Module 15.