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AbankisquotingthefollowingexchangeratesagainstthedollarfortheSwissfrancandtheAustraliandollar: SFr/$ = 1.5960--70 A$/$ = 1.7225--35 An Australian firm asks the bank for an A$/SFr quote. What cross-rate would the bank quote?
- AbankisquotingthefollowingexchangeratesagainstthedollarfortheSwissfrancandtheAustraliandollar:
SFr/$ = 1.5960--70
A$/$ = 1.7225--35
An Australian firm asks the bank for an A$/SFr quote. What cross-rate would the bank quote?
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
