Question
If the exchange between Euro and U.S. dollar is $1.335 per euro, and the exchange rate between Switzerland franc (SF) and U.S dollar is $1.119
If the exchange between Euro and U.S. dollar is $1.335 per euro, and the exchange rate between Switzerland franc (SF) and U.S dollar is $1.119 per SF. Compute the cross rate of euro/SF(please keep for decimals, e.g., 0.0004).
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
2nd Edition
0072318252, 9780072318258
