Suppose the Swiss franc exchange rate is Sf1.1426 = $1, and the euro exchange rate is €0.7538 = $1. What is the cross rate in terms of Swiss francs per euro?
A) Sf1.5074 = €1
B) Sf1.5098 = €1
C) Sf1.5132 = €1
D) Sf1.5146 = €1
E) Sf1.5158 = €1
Correct Answer:
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