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Please answer the both questions Thanks LEMS 19-1 EXCHANGE RATE If British pounds sell for $1.64 (U.S.)per pound, what should dollars sell 19-2 CROSs RATE

Please answer the both questions
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LEMS 19-1 EXCHANGE RATE If British pounds sell for $1.64 (U.S.)per pound, what should dollars sell 19-2 CROSs RATE A currency trader observes that in the spot exchange market, 1 U.S. d Easy Problems for in pounds per dollar? can be exchanged for 3.50 Israeli shekels or for 77 Japanese yen. What is the cross-excha rate between the yen and the shekel; that is, how many yen would you receive for every shekel exchanged? nge

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