How many yen would you receive for every shekel exchanges

Reference no: EM13290260

A currency trader observes that in the spot exchange marker, 1 U.S. dollar can be exchanged for 3.50 Israeli shekels or for 104.00 Japanese yen. What is the cross-exchange rate between the yen and the shekel, how many yen would you receive for every shekel exchanges?

Reference no: EM13290260

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