What is the cross rate of swiss francs to euros

Reference no: EM13289709

Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.41 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.50 euros. What is the cross rate of Swiss francs to euros? (Please show work)

a. 2.9046
b. 3.0738
c. 2.8200
d. 2.3970
e. 3.1584

Reference no: EM13289709

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