You are given the following quotes: U.S. dollar/BrazilianReal = 0.4941 U.S. dollar/Australian Dollar = 0.6631 U.S dollar/Chinese
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Question:
You are given the following quotes:
U.S. dollar/BrazilianReal = 0.4941
U.S. dollar/Australian Dollar = 0.6631
U.S dollar/Chinese Yuan = 0.1497
What is the Brazilian Real/Australian Dollar cross rate?
Enter your answer rounded off to FOUR decimal points.
Related Book For
International Economics
ISBN: 978-1429278447
3rd edition
Authors: Robert C. Feenstra, Alan M. Taylor
Posted Date: