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Cross rates help? Please show your work, if at all possible. Thank you in advance! Swedish Krona is currently trading at 9.17 to the USD.
Cross rates help? Please show your work, if at all possible. Thank you in advance!
Swedish Krona is currently trading at 9.17 to the USD. Japanese Yen is currently trading at 107.67 to the USD. The cross exchange rate of Japanese Yen / Swedish Krona is The cross exchange rate of Swedish Krona / Japanese Yen is ANSWER TO FOUR DECIMAL PLACES If a bank quoted a Japanese Yen / Swedish Krona FX rate of 12, there would be an arbitrage opportunity write in YES or NOStep by Step Solution
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