3. Suppose an Austrian schilling is selling for $0.0613 and an Irish punt is selling for $1.0541. What is the exchange rate (cross rate) of the Austrian schilling to the Irish punt? That is, how many Austrian schillings are equal to an Irish punt?© BrainMass Inc. brainmass.com February 24, 2021, 2:25 pm ad1c9bdddf
The solution calculates the exchange rate (cross rate) of the Austrian schilling to the Irish punt.