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10. A currency trader observes the following quotes in the spot market: - 152 Japanese yen 1 U.S. dollar 1.52 Swiss francs 1 British pound
10. A currency trader observes the following quotes in the spot market: - 152 Japanese yen 1 U.S. dollar 1.52 Swiss francs 1 British pound 1 British pound = 1.67 U.S. dollars = Given this information, what is the exchange rate between the Japanese yen and the Swiss franc (SWF)? A. 133.600 yen / SWE B. 150.300 yen/SWF C. 167.000 yen/SwF D. 183.700 yen / SwF E. 200.400 yen/SwE 11. A currency trader observes that in the spot exchange market, 1.00 U.S. dollar can be exchanged for 13.769 Mexican pesos or for 6.211 Danish krone. What is the cross- exchange rate between the peso and the krone; that is, how many pesos would you receive for every krone exchanged
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