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Problem 5.8 A bank is quoting the following exchange rates against the dollar for the Swiss franc and the Australian dollar: SFr/$ = 1.5984 -

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Problem 5.8 A bank is quoting the following exchange rates against the dollar for the Swiss franc and the Australian dollar: SFr/$ = 1.5984 - 94 A$/$ = 1.7273 - 83 An Australian firm asks the bank for an SFr/A$ quote. What cross-rate would the bank quote? (Round your answers to 4 decimal places.) Bid Price Ask Price Cross-rate

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