Cross rates suppose the exchange rate between us dollars, Financial Management

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Cross rates suppose the exchange rate between us dollars

Cross Rates Suppose the exchange rate between U.S. dollars and the Swiss franc is SFr1.2 = $1, and the exchange rate between the dollar and the British pound is £1 = $1.50. What then is the cross rate between francs and pounds? Round your answer to two decimal places.

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Financial Management: Cross rates suppose the exchange rate between us dollars

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