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The $ / exchange rate is 1 = $ 1 . 4 5 , and the / SFr exchange rate is SFr 1 = 0

The $/ exchange rate is 1= $1.45, and the /SFr exchange rate is SFr 1=0.71. What is the SFr/$ exchange rate?Question 2(20 points):Suppose the direct quote for sterling in New York is 1.91105.a. How much would 500,000 cost in New York?b. What is the direct quote for dollars in London?

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