Suppose the Swiss franc exchange rate is SF.9703 = $1, and the euro exchange rate is €.8024 = $1.What is the cross-rate in terms of Swiss francs per euro?
A) SF.7692/€1
B) SF.7786/€1
C) SF1.1054/€1
D) SF1.1832/€1
E) SF1.2092/€1
Correct Answer:
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