Question
A bank is quoting the following exchange rates against the dollar for the Swiss franc and the Australian dollar: SF/$ = SF 1.5960/$ A$/$ =
A bank is quoting the following exchange rates against the dollar for the
Swiss franc and the Australian dollar:
SF/$ = SF 1.5960/$
A$/$ = A$ 1.7225/$
what is the quote between Australian dollar and SF if there is no arbitrage
opportunity?
a. A$2.7491/SF
b. SF2.7491/A$
c. A$1.0793/SF
d. A$0.9266/SF
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Decoding The Metaverse Expand Your Business Using Web3
Authors: Chris Duffey
1st Edition
1398609048, 978-1398609044
