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Assume that an investor has just received Sfr 25,000 and wants to obtain dollars for Francs. The exchange rates posted by four U.S. banks are

Assume that an investor has just received Sfr 25,000 and wants to obtain dollars for Francs. The exchange rates posted by four U.S. banks are as follows: 


A 1.6357  72 Sfr/$ Bank 


B 1.6116  33 Sfr/$ Bank 


C 1.6261  80 Sfr/$ Bank 


D 1.6531  


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