calculate the spot cross exchange rate from the following data. Country Britain (Pound) 62,500 Euro 62,500 1
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calculate the spot cross exchange rate from the following data.
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Country Britain (Pound) £62,500 Euro €62,500 1 Month Forward 3 Months Forward 6 Months Forward 12 Months Forward 1 Month Forward 3 Months Forward. 6 Months Forward 12 Months Forward Friday 1.6000 1.6100 1.6300 1.6600 1.7200 1.2000 U.S. S equiv 1.2100 1.2300 1.2600 1.2900 Thursday 1.6100 1.6300 1.6600 1.7200 1.8000 1.2000 1.2100 1.2300 1.2600 1.3200 Currency per U.S. S Friday 0.6250 0.6211 0.6173 0.6024 0.5814 0.833333 0.82645 0.813008 0.793651 0.775194 Using the table shown, what is the spot cross-exchange rate between pounds and euro? Thursday 0.6211 0.6173 0.6024 0.5814 0.5556 0.833333 0.82645 0.813008 0.793651 0.7575758 Country Britain (Pound) £62,500 Euro €62,500 1 Month Forward 3 Months Forward 6 Months Forward 12 Months Forward 1 Month Forward 3 Months Forward. 6 Months Forward 12 Months Forward Friday 1.6000 1.6100 1.6300 1.6600 1.7200 1.2000 U.S. S equiv 1.2100 1.2300 1.2600 1.2900 Thursday 1.6100 1.6300 1.6600 1.7200 1.8000 1.2000 1.2100 1.2300 1.2600 1.3200 Currency per U.S. S Friday 0.6250 0.6211 0.6173 0.6024 0.5814 0.833333 0.82645 0.813008 0.793651 0.775194 Using the table shown, what is the spot cross-exchange rate between pounds and euro? Thursday 0.6211 0.6173 0.6024 0.5814 0.5556 0.833333 0.82645 0.813008 0.793651 0.7575758
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