Anne Dietz at Changi #3 (Singapore).Anne Dietz lives in Singapore, but is making her first business trip to Sydney, Australia. Standing in Singapore's new terminal #3 at Changi Airport, she looks at the foreign exchange quotes posted over the FX trader's booth. She wishes to exchange

1,400

Singapore dollars (S$ or SGD) for Australian dollars (A$ or AUD). What Anne sees:

Spot rate:

SGD1.3397

= USD1.00 USD

USD0.7629

= AUD1.00

a.

What is the Singapore dollar to Australian dollar cross rate?

b.

How many Australian dollars will Anne get for her Singapore dollars?

Question content area bottom

Part 1

a. What is the Singapore dollar to Australian dollar cross rate?

The cross rate is SGD

enter your response here/AUD.