If the dollar cost of the U.K.pound is $1.50, and the dollar cost of the Swiss franc is $1, then the cross-exchange rate between the pound and the franc is 0.67 francs per pound.

Question

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The cross-exchange rate between the pound and the franc, given the dollar cost of the U.K. pound is $1.50 and the dollar cost of the Swiss franc is $1, would be 1.5 francs per pound (since 1 pound = $1.50 and 1 franc = $1, therefore 1 pound = 1.5 francs).

If the Dollar Cost of the U