contestada

Assuming that the bond sells at par, the implicit $/€ exchange rate at maturity of a Euro—U.S. dollar dual currency bond that pays €651.25 at maturity per $1,000 of par value is
a $1.72/€1.00.
b $1.54/€1.00.
c $1.27/€1.00.
d $1.62/€1.00.