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The dollar-euro exchange rate is $1.25 = €1.00 and the dollar-yen exchange rate is ¥100 = $1.00. What is the euro-yen cross rate? Group of answer choices ¥1.00 = €0.80 ¥125 = €1…

The dollar-euro exchange rate is $1.25 = €1.00 and the dollar-yen exchange rate is ¥100 = $1.00. What is the euro-yen cross rate? Group of answer choices ¥1.00 = €0.80 ¥125 = €1…
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The dollar-euro exchange rate is $1.25 = €1.00 and the dollar-yen exchange rate is ¥100 = $1.00. What is the euro-yen cross rate? Group of answer choices ¥1.00 = €0.80 ¥125 = €1.00 None of the above ¥1.00 = €125

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User StocksR
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1 Answer

7 votes

Answer:

¥1.00 = €0.80

Step-by-step explanation:

answered
User Vytis
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7.5k points
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