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A currency trader observes the following quotes in the spot market: 1U.S.dollar=1U.S.dollar=1252.25JapaneseyenSwissfrancs Given this information, how many yen can be purchased for 1 Swiss franc?

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A currency trader observes the following quotes in the spot market: 1U.S.dollar=1U.S.dollar=1252.25JapaneseyenSwissfrancs Given this information, how many yen can be purchased for 1 Swiss franc? Do not round the intermediate calculations and round the final answer to the nearest whole number. a. 0.8844 b. 120.30 c. 281.25 d. 0.9827 e. 300.25

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