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Suppose the pound exchange rate is $1.62 and the exchange rate for the Swiss franc is $0.71. Then the /SFr cross rate is: A) 1
Suppose the pound exchange rate is $1.62 and the exchange rate for the Swiss franc is $0.71. Then the /SFr cross rate is:
A) 1 = SFr 0.4383
B) SFr 1 = 2.2817
C) 1 = SFr 2.2817
D) a or b
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Research In Finance Volume 24
Authors: Andrew H. Chen
1st Edition
0762313773, 978-0762313778
