Use the following information to answer the next two questions: Assume that the spot rate changed from $0.64 per Swiss franc on January 1 in one recent year to $0.68 per Swiss franc on December 31 of that year. 19. What is the percentage change in the franc spot rate using direct quotes for a US company? A. 5.55% B. 6.25% C. 7.55% D. 8.00% E. 9.99% Answer: 20. What is the percentage change in the franc spot rate using indirect quotes for a US company? A. 6.25% B. 7.77% C. 8.88% D. 9.45% E. 5.55%