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Suppose that currently, 1 British pound equals 1.62 U.S. dollars and 1 U.S. dollar equals 1.62 Singapore dollar. What is the cross exchange rate between

Suppose that currently, 1 British pound equals 1.62 U.S. dollars and 1 U.S. dollar equals 1.62 Singapore dollar. What is the cross exchange rate between the British pound and the Singapore dollar?
  • A. 1 British pound equals 3.2400 Singapore dollar
  • B. 1 British pound equals 2.6244 Singapore dollar
  • C. 1 British pound equals 0.3810 Singapore dollar
  • D. 1 British pound equals 1.0000 Singapore dollar
  • E. 1 British pound equals 1.8588 Singapore dollar

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