Question
A bank is quoting the following exchange rates against the dollar for the Swiss franc and the Australian dollar: SFr/$ = 1.5970 80 A$/$ =
A bank is quoting the following exchange rates against the dollar for the Swiss franc and the Australian dollar: SFr/$ = 1.5970 80 A$/$ = 1.7245 55 An Australian firm asks the bank for an SFr/A$ quote. What cross-rate would the bank quote? (Round your answers to 4 decimal places.)
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The Road To Wealth The Answers You Need To More Than 2000 Personal Finance Questions
Authors: Suze Orman
1st Edition
9781594484582
