Using the American term quotes from Exhibit 5.4, calculate a cross-rate matrix for the euro, Swiss franc,

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Using the American term quotes from Exhibit 5.4, calculate a cross-rate matrix for the euro, Swiss franc, Japanese yen, and British pound so that the resulting triangular matrix is similar to the portion above the diagonal in Exhibit 5.6.

Key Cross-Currency Rates GBP EXHIBIT 5.6 CHF AUD SEK CAD HKD NOK NZD EUR JPY USD 7.8031 9.5496 .08470 11.432 6.7566 7.50

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International Financial Management

ISBN: 978-0078034657

6th Edition

Authors: Cheol S. Eun, Bruce G.Resnick

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