the exchange rate between U.S. dollars and Swiss francs
Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.41 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.64 euros. What is the cross-rate of Swiss francs to euros? a. 0.43 b. 1.64 c. 0.86 d. 2.27 e. 1.41 Looking for a Similar […]