The follosing exchange rates are quoted for Japanese Yen (JPY), USD and Swiss Franc (CHF). Citibank...

Question

Question

The follosing exchange rates are quoted for Japanese Yen (JPY), USD and Swiss Franc (CHF).

Citibank JPY 75.00/USD

Dresdner Bank JPY 80.00/CHF

1. Calculate the price of the USD in terms of CHF.

2. Calculate the price of CHF in terms of USD.

Answer 1

Answer #1

Answer 2

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