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Suppose the Direct Foreign Exchange Rates in U

question 24

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Suppose the direct foreign exchange rates in U.S.dollars are as follows:
1 Swiss franc = $1.0371
1 Swedish krona = $0.1526
-Based on the information given above,the indirect exchange rates for the Swiss franc and the Swedish krona (from a U.S.perspective) are


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The legal power or right granted to an entity or person by a constitution, governing the ability to perform certain actions.

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