Question: What is the cross-rate implied by the following quotes? a. C$/$ = 1.5613, $/ =1.0008 b. /$ = 124.84, $/=1.5720 c. SF/$ = 1.4706, C$/$

What is the cross-rate implied by the following quotes?
a. C$/$ = 1.5613, $/€ =1.0008
b. ¥/$ = 124.84, $/£=1.5720
c. SF/$ = 1.4706, C$/$ = 1.5613

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