Cross Rates. Calculate the cross rates for the following currencies: a. Find the cross rate JPY/CAD from

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Cross Rates. Calculate the cross rates for the following currencies:

a. Find the cross rate JPY/CAD from the spot rates JPY104.8/USD and CAD1.06/USD.

b. Find the cross rate MXN/BRL from the spot rates MXN2.81/USD and USD0.42/BRL.

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