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If the bank is selling euros for ##Question_Title##.89, then what is the implied euro price of the dollar? ?

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If the bank is selling euros for $0.89, then what is the implied euro price of the dollar?

A. 1.123

b. 2.323

c. 2.0

d. 1.999

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  1. A. 1.123

    1/0.89=1.123

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