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8. Anne Dietz at Changi i3 (Singapore). Anne Dietz lives in Singapore, but is making her first businoss tip to Sydney, Australia. Standing in Singapore's
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Anne Dietz at Changi i3 (Singapore). Anne Dietz lives in Singapore, but is making her first businoss tip to Sydney, Australia. Standing in Singapore's new terninal 73 at Changi Aiport, she looks at the foreign exchange quotes posted over the FX trader's booth. She wishes to exchange 1,300 Singapore dollars (SS or SGD) for Australian dollars (AS or AUD). What Anne sees. \\[ \\begin{array}{ll} \\text { Spot rate (SGD }=1.00 \\text { USD) } & 1.3413 \\\\ \\text { Spot rate (USD }=1.00 \\text { AUD) } & 0.7639 \\end{array} \\] a. What is the Singapore dollar to Australian dollar cross rate? b. How many Australian dollars wall Anne get for her Singapore dollars? a. What is the Singapore dollar to Austratian dollar cross rate? The coos rate is SGD IAUD (Round to four decimal places.) Step by Step Solution
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