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40
USD equivalent
Country
BID
ASK
Switzerland (Franc) CHF
0.7648
0.7652
Euro E
1.4000
1.4200
What is the BID cross-exchange rate for Swiss Francs priced in euro? Hint: Find the price that a
currency dealer will pay in euro to buy Swiss francs.
A) 60.5386/CHF
B) 60.5389/CHF
C) 60.5463/CHF
D) 60.5466/CHF

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