Assume the Direct Quote for the Swedish Krona Is 0

question 51

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

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Definitions:

Familiar

Well known from long or close association, giving a sense of comfort or recognition.

Systematic Desensitization

A therapeutic technique used to treat phobias and anxiety disorders by gradually exposing the patient to the feared object or situation in a controlled manner.

Relax

To become less tense or anxious, or to make something less taut or firm, often in the context of stress relief or leisure activities.

Imagine

The ability to form new images and sensations in the mind that are not perceived through the five senses.