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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,
Anne Dietz lives in Singapore, but is making her first business trip to
Sydney, Australia. Standing in Singapore's new terminal # at Changi
Airport, she looks at the foreign exchange quotes posted over the FX
trader's booth. She wishes to exchange Singapore dollars S$ or
SGD for Australian dollars A $ or AUD What Anne sees:
Spot rate USD
Spot rate AUD
a What is the Singapore dollar to Australian dollar cross rate?
b How many Australian dollars will Anne get for her Singapore dollars?
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