Question
Suppose the exchange rate between U.S. dollars and Japanese yen is $1 US= 79.1 JPY, and the exchange rate between the U.S. dollar and the
Suppose the exchange rate between U.S. dollars and Japanese yen is $1 US= 79.1 JPY, and the exchange rate between the U.S. dollar and the British pound is $1 US = 0.64 GBP. What is the cross rate of Japanese yen to British pounds? (In other words, how many yen are needed to purchase 1 pound?)
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Aircraft Finance Strategies For Managing Capital Costs In A Turbulent Industry
Authors: Bijan Vasigh, Reza Taleghani, Darryl Jenkins
1st Edition
1604270713, 9781604270716
