Q5.4 (Chapter 6 Problems) The $: exchange rate is 1 = $1.45, and the /SFr exchange rate is SFr 1= 0.71. What is the SFr/$ exchange rate? 1 SFR = 0.71*1.45 Q5.5. (Chapter 6 Problems) Suppose the quote on pounds is $1.624-31. a. If you converted $10,000 to pounds and then back to dollars, how many dollars would you end up with? b. Suppose you as a bank could buy pounds at the bid rate and sell them at the ask rate. How many dollars would you have to transact in order to earn $1,000 on a round-trip transaction (buying pounds for dollars and then selling the pounds for dollars)