Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.41 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.64 euros. What is the cross-rate of Swiss francs to euros?
A. 0.43
B. 0.86
C. 1.41
D. 1.64
E. 2.27
Answer: B
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