What is the cross-rate in terms of yen per pound

Reference no: EM13263388

Suppose the Japanese yen exchange rate is 106 yen/US$, and the British pound exchange rate is $1.51 $/pound. What is the cross rate in terms of yen per pound?

A.) 160 yen per British pound
B.) .0062 yen per British pound
C.) 106 yen per British pound
D.) 1.51 pounds per yen
E.) None of the above

Reference no: EM13263388

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