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Homework answers / question archive / Suppose the CHF/USD spot rate is 1
Suppose the CHF/USD spot rate is 1.1258 - 1.1307 and CHF/EUR spot rate is 0.9285 - 0.9346, what is the spot rate for USD/EUR?
0.8212 - 0.8302
1.0627 - 1.0768
0.5865 - 0.5973
1.1257 - 1.1384
1.1384 - 1.1428
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