Question: Suppose that on July 2, 2012, the cross rates for the Singapore and South African currencies were Singapore dollar (S$) 0.789085/US dollar (US$) and rand

Suppose that on July 2, 2012, the cross rates for the Singapore and South African currencies were Singapore dollar (S$) 0.789085/US dollar (US$) and rand 0.122540/US$. What are the cross rates between the two currencies?

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The value for SUS 0789085 and for RandUS is 0122540 Calculate the cro... View full answer

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