(Answered) : Question 1 Suppose Exchange Rate Us Dollars Swiss Francs Sf 09905 100 Exchange Rate Us Dol Q28781932

QUESTION 1

Suppose the exchange rate between U.S. dollars and Swiss francsis SF 0.9905 = $1.00, and the exchange rate between the U.S. dollarand the euro is $1.00 = 1.1433 euros. What is the cross-rate ofeuros to Swiss francs (Euro/SF)?

Enter your answer rounded off to FOUR decimal points.

QUESTION 2

You visited Switzerland over summer and brought back 7,530.25swiss francs to the United States. How many U.S. dollars will youget if you exchange your swiss francs for U.S. dollars? Theexchange rate is 1 U.S dollar = 1.1416 swiss francs.

Enter your answer rounded off to two decimal points. Do notenter $ or comma in