What is the cross-rate implied by the following quotes? a. C$/$ = 1.5613, $/ =1.0008 b. /$

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What is the cross-rate implied by the following quotes?
a. C$/$ = 1.5613, $/€ =1.0008
b. ¥/$ = 124.84, $/£=1.5720
c. SF/$ = 1.4706, C$/$ = 1.5613

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International Money and Finance

ISBN: 978-0123852472

8th edition

Authors: Michael Melvin, Stefan C. Norrbin

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Question Posted: Mar 09, 2016 06:21 AM

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What is the cross-rate implied by the following quotes? a. C$/$ = 1.5613, $/ =1.0008 b. /$

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International Money and Finance

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