A financial newspaper provided the following midpoint spot exchange rates. Compute all the cross exchange rates based

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A financial newspaper provided the following midpoint spot exchange rates. Compute all the cross exchange rates based on these quotes.
a. €:$ = 0.9119
b. $:SFr = 1.5971
c. $:¥ = 128.17
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Global Investments

ISBN: 978-0321527707

6th edition

Authors: Bruno Solnik, Dennis McLeavey

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