Question
Suppose the exchange rate between U.S. dollars and Swiss francs is SF 0.9565 = $1.00, and the exchange rate between the U.S. dollar and the
Suppose the exchange rate between U.S. dollars and Swiss francs is SF 0.9565 = $1.00, and the exchange rate between the U.S. dollar and the euro is 1.00 euro = $1.2093.What is the cross-rate of Swiss francs to euros?
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77835425, 978-0077835422
