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Question 1: Exchange Rate mechanics You are considering exchanging Swiss Francs (SF) for Japanese Yen (JY). You go to the bank and see the following
Question 1: Exchange Rate mechanics You are considering exchanging Swiss Francs (SF) for Japanese Yen (JY). You go to the bank and see the following rates posted: Swiss Franc /USD: 1.6933 Yen/USD: 115.44 A. What is the JY/SF exchange rate? a) 68.1746 b) 0.01467 c) 195.4746 d) 117.1333
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