Suppose that: What rate do you think a Japanese bank would quote for buying or selling Swiss Francs?
A)81.01 Yen
B)83.01 Yen
C)85.01 Yen
D)87.01 Yen 1.5231 Swiss Francs per Dollar 123)380 Yen per Dollar Since 123.380 Yen have the same value as 1.5231 Swiss Francs, each franc should be worth: 123.38/1.5231 = 81.01 Yen

Question

Suppose that:  What rate do you think a Japanese bank would quote for buying or selling Swiss Francs?
A)81.01 Yen 
B)83.01 Yen 
C)85.01 Yen 
D)87.01 Yen 1.5231 Swiss Francs per Dollar 123)380 Yen per Dollar Since 123.380 Yen have the same value as 1.5231 Swiss Francs, each franc should be worth: 123.38/1.5231 = 81.01 Yen

Quizplus · Accepted Answer

The Answer of Suppose that:  What rate do you think a Japanese bank would quote for buying or selling Swiss Francs?
A)81.01 Yen 
B)83.01 Yen 
C)85.01 Yen 
D)87.01 Yen 1.5231 Swiss Francs per Dollar 123)380 Yen per Dollar Since 123.380 Yen have the same value as 1.5231 Swiss Francs, each franc should be worth: 123.38/1.5231 = 81.01 Yen

Suppose That: What Rate Do You Think a Japanese