Eastern Copper Mines of New Zealand has called a broker at Deutsche Bank to ask her opinion about the Japanese yen to New Zealand dollar exchange rate. What would the broker's answer be?

A) ¥104.30/NZ$
B) ¥80.60/NZ$
C) ¥75.44/NZ$
D) ¥65.57/NZ$


Answer: D

Business

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