A bank is quoting the following exchange rates against the
A bank is quoting the following exchange rates against the dollar for the Swiss franc and the Australian dollar:
SFr/$ = 1.5960--70
A$/$ = 1.7225--35
An Australian firm asks the bank for an A$/SFr quote. What cross-rate would the bank quote?
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a bank is quoting the following exchange rates against the dollar for the swiss franc and the australian dollarsfr
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