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Q1 Assume the direct quote on the euro is 1.23 and the indirect quote on the Swiss franc is 88 . What is the crossrate

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Assume the direct quote on the euro is 1.23 and the indirect quote on the Swiss franc is 88 . What is the crossrate for euros in terms of Swiss francs? A. .7154/SF1 B. .1.0824/SF1 C. .1.3977/SF1 D. .9239/SF1

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