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What is the direct quote for dollars in london

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Reference no: EM131278667

1. The $/€ exchange rate is €1 = $1.45, and the €/SFr exchange rate is SFr 1 = €0.71. What is the SFr/$ exchange rate?

2. Suppose the direct quote for sterling in New York is 1.9110-5.

a. How much would £500, 000 cost in New York?

b. What is the direct quote for dollars in London?

Reference no: EM131278667

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