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What would be the exchange rate

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Q1. CROSS RATES - Suppose the exchange rate between the U.S. dollar and the Swedish krone was 7.97 krona = $1, and the exchange rate between the dollar and the British pound was L1 = $1.29. What would be the exchange rate between Swedish krona and pounds?

Q2. CROSS RATES - Use the foreign exchange section of a current issue of The Wall Street Journal to look up the three currencies in question 1. What is the current exchange rate between Swedish kroner and pounds?

Reference no: EM133067324

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