Suppose that 1) The spot rate between US Dollar $ and Euro is ,...
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Suppose that 1) The spot rate between US Dollar $ and Euro is , in US Dollars, 1 = $1.45 2) The spot rate between US Dollar $ and British Pound is, in US Dollars, 1 = $1.25 What is the spot rate between British Pound and , in Euro? In other words, 1 = .... (Report only the value in your answer, ignoring the sign. Stop at the 2nd decimal - if your answer was 1.4599198918981, report only 1.45)
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