Question
Suppose you are reviewing the exchange rate for the Irish punt (P), the Swiss Franc (SF) and the US dollar ($). You see the following
Suppose you are reviewing the exchange rate for the Irish punt (P), the Swiss Franc (SF) and the US dollar ($). You see the following quotes: P per $1:10; SF per $1:2, what is the cross-rate for punts per Swiss franc?
| A. | 12P per SF | |
| B. | 10P per SF | |
| C. | 5P per SF | |
| D. | 6P per SF | |
| E. | 2P per SF |
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Recent Advances In Computational Finance
Authors: Nikolaos S. Thomaidis, Jr. Dash, Gordon H.
1st Edition
1626181233, 978-1626181236
