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Required: A bank is quoting the following exchange rates against the dollar for the Swiss franc and the Australian dollar: S F r $ =

Required:
A bank is quoting the following exchange rates against the dollar for the Swiss franc and the Australian dollar:
SFr$=1.5978-88
A$$=1.7261-71
An Australian firm asks the bank for an A$SFr quote. What cross-rate would the bank quote?
Note: Round your answers to 4 decimal places.
\table[[,Bid Price,Ask Price],[Cross-rate,0.9253,0.9263]]
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