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Question: A Canadian citizen is moving to Mexico and is taking C$7, 250 to convert into Mexican pesos. However, there is no direct quote between the Canadian dollar and the Mexico peso. Instead, he finds the following exchange rates. C$1.3273/$ and 21.5002 MXP/S.

What is the MXP/CS cross rate?

How many pesos will the Canadian citizen have after converting from Canadian dollars?

Basic Finance, Finance

  • Category:- Basic Finance
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