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1 20 points Required: A bank is quoting the following exchange rates against the dollar for the Swiss franc and the Australian dollar: SFr/$=1.4962 -
1 20 points Required: A bank is quoting the following exchange rates against the dollar for the Swiss franc and the Australian dollar: SFr/$=1.4962 - 72 A$/$ 1.7289 - 99 An Australian firm asks the bank for an A$/SFr quote. What cross-rate would the bank quote? Note: Round your answers to 4 decimal places. Answer is complete but not entirely correct. Cross-rate Bid Price 1.1554 X Ask Price 1.1555
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