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7.Drop down options a) U.S. Dollars or British Pounds? b) British Pounds or Swiss Francs? 0.50 points Problem 20-2 Using the Cross-Rate Suppose we have

7.Drop down options

a) U.S. Dollars or British Pounds?

b) British Pounds or Swiss Francs?

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0.50 points Problem 20-2 Using the Cross-Rate Suppose we have the folowing exchange rate quotes: UK (S) Switzerland (Fr) in USS per USS 1.5828 1.0742 6318 9309 a. suppose you nave S100. This is worth Therefore, you would rather have 100 (Click to select) (Do not round intermediate calculations and round your answer to 2 decimal places (e.g.,32.16).) b. You still have 100. In Swiss francs, this is worth Fr (Click to select) Do not round intermediate calculations and round your answer to 2 decimal places (e-g, 32.16).) C. The cross-rate for Swiss francs in terms of British pounds is Fr The cross-rate for Bintish pounds in terms of Swiss francs is / Fr (Do not round intermediate calculations and round your answers to 4 decimal places (e.g., 32.1616).)

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