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The following spot exchange rate quotations are observed for C$ and Mexican Peso: US$ 0.9150-0.9153/C$ and Peso 93.6330-93.8086/US$ What is the cross rate in direct
The following spot exchange rate quotations are observed for C$ and Mexican Peso: US$ 0.9150-0.9153/C$ and Peso 93.6330-93.8086/US$ What is the cross rate in direct quotation in Canada? (formula sheet) C$ 0.011650 - 0.011668/Peso Peso 85.6742 85.8630 /C$ Peso 85.7023 - 85.8349 /C$ C$ 0.011646 -0.011672/Peso
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