QUESTION $2$

Assume the direct quote on the euro is $1\mathrm{.}23$ and the indirect quote on the Swiss franc is $\mathrm{.}88.$ What is the cross$-$rate for euros in terms of Swiss francs?

A$..\frac{9239}{S}F1$

B$..\frac{1\mathrm{.}3977}{S}F1$

C$..\frac{7154}{S}F1$

D$..\frac{1\mathrm{.}0824}{S}F1$