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suppose the exchange rate between U.S. dollar and the Swiss franc is SFr 1.6 = $1 and the exchange rate between the dollar and the
suppose the exchange rate between U.S. dollar and the Swiss franc is SFr 1.6 = $1 and the exchange rate between the dollar and the british pound is 1pound= $1.50. What then is the cross rate between francs and pounds?
The answer is 2.4 SFr per pound. how can I solve this in excel?
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