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An Australian company is to export liquefied petroleum gas to Asia, in particular Singapore and Japan, and needs to consider the exchange rate implications of

An Australian company is to export liquefied petroleum gas to Asia, in particular Singapore and Japan, and needs to consider the exchange rate implications of conducting business in Singapore dollars and Japanese yen. Spot rates quoted are:

USD/SGD 1.780515

USD/JPY 120.1050.

Calculate the SGD/JPY cross-rate.

SGD/JPY 67.45-64

SGD/JPY 67.45-68

SGD/JPY 67.42-68

SGD/JPY 67.42-64

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