Question
You are given the following exchange rates: SF in Zurich: 1.6000-35 SF/1$ in NY: 1.9810-50 $/1 As a banker in London, you would like to
You are given the following exchange rates: SF in Zurich: 1.6000-35 SF/1$ in NY: 1.9810-50 $/1 As a banker in London, you would like to quote a cross-rate for the SF (i.e., #/1SF). If you anticipate to be the sole banker in the world quoting this cross-rate, what is your quote going to be?
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The Oxford Handbook Of Pricing Management
Authors: Ozalp Ozer, Robert Phillips
1st Edition
0199543178, 978-0199543175
