The following information is available: S(NZD/USD)=1.3500-1.3575 S(USD/SGD)=0.7500-0.7525 Find the cross exchange rate b

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answerhappygod
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The following information is available: S(NZD/USD)=1.3500-1.3575 S(USD/SGD)=0.7500-0.7525 Find the cross exchange rate b

Post by answerhappygod »

The following information is
available:
S(NZD/USD)=1.3500-1.3575
S(USD/SGD)=0.7500-0.7525
Find the cross exchange rate between
the New Zealand dollar (NZD) and the Singapore dollar (SGD).
Briefly outline the steps required to find the answer.
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