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At today's spot exchange rates 1 US dollar can be exchanged for 9 Mexican pesos or for 111.04 Japenese yen. I have pesos that I would like to exchange for yen. What is the cross rate between the yen and the peso; how many yen would I recieve for every peso exchanged. Round to two decimal places. Please include solution spreadsheet, it is very helpful in understanding the concepts.

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