USD equivalentCountryBIDASKSwitzerland (Franc) CHF0.76480.7652Euro €1.40001.4200What 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. €0.5466/CHF
B. €0.5463/CHF
C. €0.5389/CHF
D. €0.5386/CHF
Answer: D
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