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Suppose that the spot exchange rate between the US Dollar (USD) and Vietnamese Dong (VND) is VND 24,0000.00 / USD 1.00. At the same time,

Suppose that the spot exchange rate between the US Dollar (USD) and Vietnamese Dong (VND) is VND 24,0000.00 / USD 1.00. At the same time, spot exchange rate betweeb the US Dollar (USD) and Thai Baht (THB) is THB 34.50 / USD 1.00. What id the Dong-to-Baht cross-rate? image text in transcribed
Suppose that the spot exchange rate between the US Dollar (USD) and Vietnames Dong (VND) is VND 24,0000.00 / USD 1.00. At the same time, spot exchange rate between the US Dollar (USD) and Thai Baht (THB) is THB 34.50 / USD 1.00. What is the Dong-to-Baht cross-rate

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