PASSIVA :While changing the daily exchange rates, emission price(Euro currency) must satisfy which one of the following condition

  1. Emission price should be less than (Inventory price*1.03 – 0.01)

  2. Emission price should be greater than (Inventory price*1.03 – 0.01)

  3. Emission price should be equal to (Inventory price*1.03 – 0.01)

  4. Emission price should be equal to (Inventory price*1.07 – 0.01)

  5. None of the above


Correct Option: D

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