Question: Problem 2: Suppouse a foreign exchange trader has given you the following currency exchange rates and cross rate. 1. SEK: 0.1395-99 2. PLN: 0.1130-33 Given

Problem 2: Suppouse a foreign exchange trader has given you the

Problem 2: Suppouse a foreign exchange trader has given you the following currency exchange rates and cross rate. 1. SEK: 0.1395-99 2. PLN: 0.1130-33 Given the two exchange rate quotations, find the theoretical cross rate PLN/SEK or what is the same, find the bid and the ask cross rates for the SEK. SEK: PLN

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