Question: 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

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

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 7.5047 6.5616 5.3171 1.0012 1.2055 6.4729 7.9216 .07026 9.4833 5.6048 6.2253 5.4431 4.4107 .83055 Sweden Norway Hong Kong New Zealand 1.4676 1.7960 .01593 2.1501 1.2707 1.4114 1.2341 Australia Canada Switzerland U.K. Japan Euro U.S. .82953 1.2040 .99877 .18831 .22672 .18807 .81033 .15259 .18372 .15240 .87434 .70850 .13341 .16063 .13325 1.1107 .97114 .78694 .14819 .17842 .14800 .59102 .65645 .57396 .46510 .08758 .10545 .08747 134.98 79.774 88.606 77.472 62.778 11.821 14.233 11.807 - .00887 1.1971 .70753 .78587 .68711 .55679 .10485 .12624 .10472 1.2238 .01085 1.4651 .86589 .96175 .84090 .68140 .12831 .15449 .12812 7.7935 9.5378 .08459 11.418 6.7483 7.4954 6.5536 5.3105 1.1892 1.4554 .01291 1.7423 1.0297 1.1437 1.0398 1.2725 .01129 1.5233 .90032 1.1549 1.4134 .01254 1.6920 .68256 .83532 .00741 92.130 112.75 .81712

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