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Basic Question 1 of 12
The textbook uses the convention of A/B = e to identify exchange rates. The price currency is ______.
B. B
C. e
A. A
B. B
C. e
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe the foreign exchange market, including its functions and participants, distinguish between nominal and real exchange rates, and calculate and interpret the percentage change in a currency relative to another currency
CFA® 2025 Level I Curriculum, Volume 1, Module 7.