Cross Rate Given these two exchange rates, $1 = 0.9952 Australian dollars and $1 = 0.6476, compute

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Cross Rate Given these two exchange rates, $1 = 0.9952 Australian dollars and $1 = 0.6476, compute the cross rate between the Australian dollars and the pound. State this exchange rate in Australian dollars and in pounds. (LG3)

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Finance Applications And Theory

ISBN: 9780073530673

2nd Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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