Give your opinion regarding the usefulness of the formula to calculate forward cross exchange rates between currencies using this formula :
Fn= Forward Cross Rate
SF= Swiss Franc
CD= Canadian Dollar
Fn= (SF/CD) = Fn(SF/$) / Fn(CD/$)
Give your opinion regarding the usefulness of the formula to calculate forward cross exchange rates between currencies using this formula :
Fn= Forward Cross Rate
SF= Swiss Franc
CD= Canadian Dollar
Fn= (SF/CD) = Fn(SF/$) / Fn(CD/$)
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