Consider the following two exchange rates: 1.41 Singapore dollars to US$1 5.19 French francs to US$1 a.

Question:

Consider the following two exchange rates:

1.41 Singapore dollars to US$1 5.19 French francs to US$1

a. Calculate the exchange rate of Singapore dollars to a French franc.

b. Calculate the exchange rate of French francs to a Singapore dollar.

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