What is cross-exchange rate between yen and shekel

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Reference no: EM13291779

A currency trader observes that in the spot exchange market, one U.S. dollar can be exchanged for 3.6033 Israeli shekels or for 114.4 Japanese yen. What is the cross-exchange rate between the yen and the shekel; that is, how many yen would you receive for every shekel exchanged? Round your answer to two decimal places.

Reference no: EM13291779

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