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Q1 (20 marks) Canadian-Equivalent Currency per US $ Swiss (france) 0.9377 1.06644 Hong Kong (HK$) 0.1731 5.77701 Brazil (Real) 0.5858 1.70707 Compute with all the

Q1 (20 marks)

Canadian-Equivalent

Currency per US $

Swiss (france)

0.9377

1.06644

Hong Kong (HK$)

0.1731

5.77701

Brazil (Real)

0.5858

1.70707

  1. Compute with all the steps of buying one Brazilian Real by using Swiss franc.

  1. Comment on the nature of the trade.

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