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Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2492 = $1.00, and...

Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2492 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.075 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)?

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ANSWER : SF/EURO = 1.1620

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