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If you can convert 150 Swiss francs to $90, what is the exchange rate quotation if:- You are a resident in the USA using a
If you can convert 150 Swiss francs to $90, what is the exchange rate quotation if:-
- You are a resident in the USA using a direct quotation.
- You are a resident in Switzerland using a direct quotation.
- If you receive the same amount of ($90) by converting (Swiss franc 200), explain in details whether the Swiss franc depreciates / appreciates against the US dollar?
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