$1.[3]$ A bank is quoting the following exchange rates against the dollar for the Swiss frac and the Australian dollar $($first quote is bid price, second quote is the ask price$)$:

Bid Ask

SFr$/$$ $1\mathrm{.}59601\mathrm{.}5970$

A$$/$$ $1\mathrm{.}72251\mathrm{.}7235$

An Australian firm asks the bank for an A$$/$SFr quote. What cross$-$rate would the bank quote? At what price $($in A$$)$ would they buy SFr for their inventory? At price $($in A$$)$ would they sell SFr from their inventory?