Question
CROSS RATES Suppose the exchange rate between the U.S. dollar and the Swedish krona was 6 krona = $1, and the exchange rate between the
CROSS RATES
Suppose the exchange rate between the U.S. dollar and the Swedish krona was 6 krona = $1, and the exchange rate between the dollar and the British pound was 1 = $1.3. What would be the exchange rate between Swedish kronas and pounds? Round your answer to two decimal places.
krona per pound
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International Finance Putting Theory Into Practice
Authors: Piet Sercu
1st edition
069113667X, 978-0691136677
