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Computing cross-rate matrix

Compute cross-rate matrix for French franc, Japanese yen, German mark, and the British pound. Utilize most recent European term quotes in order to compute the cross-rates in order that the triangular matrix result is same as that of the portion above diagonal in Exhibit 4.6.

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Cross-rate formula which is used is:

S(k/j) = S(k/$)/S(j/$).

Triangular matrix will consists of the 4 x (4 + 1)/2 = 10 elements.

                  Dollar    Pound      Yen      D-Mark

France         6.4071   10.0488  .05250   3.3538

Germany     1.9104    2.9964   .01565

Japan          122.05   191.42

U.K             0.6376

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