The financial press reports the usdngn exchange rate at, Ask an Expert

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The financial press reports the USD/NGN exchange rate at 194.0521 and the USD/NZD exchange rate at 1.5043. What is the cross rate between the New Zealand dollar and the Nigerian naira?

a. NZD/NGN = 291.9126

b. NZD/NGN = 0.6648

c. NZD/NGN = 128.9983

d. NZD/NGN = 0.0078

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91617823

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