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What is the cross rate between francs and pounds

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Reference no: EM13195025

The exchange rate between the US dollar and the Swiss Franc is SF1.3=$1, and the exchange rate betweent he dollar and the British pound is BP1=$1.40. What is the cross rate between francs and pounds. Round answer to two decimal plances. Please include spreadsheet in solution, it is most helpful in understanding and applying the concepts.

Reference no: EM13195025

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