Consider the following rates versus the CAD$: If the direct rate for French francs (FF) is $.143

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Consider the following rates versus the CAD$: If the direct rate for French francs (FF) is $.143 and the direct rate for Australian dollars (A$) is $0.44.

What must the cross rate between A$ and FF be ?

Related Book For answer-question

Business Forecasting with Forecast X

ISBN: 978-0073373645

6th edition

Authors: Holton wilson, barry keating, john solutions inc

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Posted Date: Apr 29, 2023 02:42 AM

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Consider the following rates versus the CAD$: If the direct rate for French francs (FF) is $.143

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To find the cross rate between A and FF we need to use the CAD as an in... View the full answer

Business Forecasting with Forecast X

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