Problem $5\mathrm{.}1$ Anne Dietz in Changi #$3($Singapore$)$ Anne Dietz lives in Singapore, but is making her first business trip to Sydney, Australia. Standing in Singapore's new terminal #$3$ at Changi Airport, she looks at the foreign exchange quotes posted over the FX trader's booth. She wishes to exchange Singapore dollars $($S$ or SGD$)$ for Australian dollars $($A$ or AUD$).$ a$.$ What is the Singapore dollar to Australian dollar cross rate? b$.$ How many Australian dollars will Anne get for her Singapore dollars? $$ Assumptions $$ Values Singapore dollars to be exchanged $$ SGD $1,000\mathrm{.}00$ Spot rate $($SGD $=1\mathrm{.}00$ USD$)1\mathrm{.}3400$ Spot rate $($USD $=1\mathrm{.}00$ AUD$)0\mathrm{.}7640$ a$.$ What is the SGD per AUD cross rate? $$ b$.$ How many Australian dollars will Anne get? $$