Suppose the direct quote for sterling in new york is


1. The $/€ exchange rate is €1 = $1.45, and the €/SFr exchange rate is SFr 1 = €0.71. What is the SFr/$ exchange rate?

2. Suppose the direct quote for sterling in New York is 1.9110-5.

a. How much would £500, 000 cost in New York?

b. What is the direct quote for dollars in London?

Request for Solution File

Ask an Expert for Answer!!
Project Management: Suppose the direct quote for sterling in new york is
Reference No:- TGS01681428

Expected delivery within 24 Hours