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Given these two exchange rates, $1 12.357 Mexican pesos and $1 0.7804, compute the cross-rate between the Mexican peso and the euro. State this exchange

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Given these two exchange rates, $1 12.357 Mexican pesos and $1 0.7804, compute the cross-rate between the Mexican peso and the euro. State this exchange rate in pesos and in euros. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Cross rate of 1 peso Cross rate of 1 euro pesos

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