Suppose the direct foreign exchange rates in U.S. dollars are as follows:1 Swiss franc = $1.03711 Swedish krona = $0.1526Based on the information given above, the indirect exchange rates for the Swiss franc and the Swedish krona (from a U.S. perspective) are
A. 0.9642 Swiss francs and 6.5531 Swedish krona respectively.
B. 1.6893 Swiss francs and 5.2563 Swedish krona respectively.
C. 0.8372 Swiss francs and 4.2713 Swedish krona respectively.
D. 1.0371 Swiss francs and 0.1527 Swedish krona respectively.
Answer: A
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