A bank is quoting the following exchange rates against the dollar for the Swiss franc and the Australian dollar: SFr/$ =
Posted: Tue Jan 18, 2022 1:01 pm
A bank is quoting the following exchange rates against the
dollar for the Swiss franc and the Australian dollar: SFr/$ =
1.5970 − 80 A$/$ = 1.7245 − 55 An Australian firm asks the bank for
an SFr/A$ quote. What cross-rate would the bank quote? (Round your
answers to 4 decimal places.)
dollar for the Swiss franc and the Australian dollar: SFr/$ =
1.5970 − 80 A$/$ = 1.7245 − 55 An Australian firm asks the bank for
an SFr/A$ quote. What cross-rate would the bank quote? (Round your
answers to 4 decimal places.)