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17-6 Suppose the exchange rate between U.S. dollars and the Swiss franc is SFr1.6 = $1 and the exchange rate between the dollar and the

17-6

Suppose the exchange rate between

U.S. dollars and the Swiss franc is SFr1.6 = $1

and the exchange rate between the dollar and

the British pound is 1 = $1.50.

What is the cross rate between francs and pounds?

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