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The follosing exchange rates are quoted for Japanese Yen (JPY), USD and Swiss Franc (CHF). Citibank JPY 75.00/USD Dresdner Bank JPY 80.00/CHF 1. Calculate the

The follosing exchange rates are quoted for Japanese Yen (JPY), USD and Swiss Franc (CHF).

Citibank JPY 75.00/USD

Dresdner Bank JPY 80.00/CHF

1. Calculate the price of the USD in terms of CHF.

2. Calculate the price of CHF in terms of USD.

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