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Assume the Direct Quote for the Swedish Krona Is 0

Question 54

Multiple Choice

Assume the direct quote for the Swedish krona is 0.1360 while it is 1.0462 for the Swiss franc.What is the cross-rate between the Swedish krona and the Swiss franc?


A) SKr7.6926 = Fr$1
B) SKr7.2093 = Fr $1
C) SKr1.7028 = Fr $1
D) SKr.1300= Fr $1
E) SKr.1387 = Fr $1

Correct Answer:

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