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Cross Rates Suppose the exchange rate between U.S. dollars and the Swiss franc is SFr 1.6 = $1 and the exchange rate between the dollar
Cross Rates
Suppose the exchange rate between U.S. dollars and the Swiss franc is SFr 1.6 = $1 and the exchange rate between the dollar and the British pound is 1 = $1.90. What then is the cross rate between francs and pounds? Do not round intermediate calculations. Round your answer to two decimal places.
______ Swiss francs per pound
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