Table 15.1. The Market for Swiss Francs ​ Quantity of…

Table 15.1. The Market for Swiss Francs ​ Quantity of Dollar Price Quantity of Francs Demanded of Francs Francs Supplied ​ ​ ​ 600 $0.05     0 500    0.10 100 400    0.15 200 300   0.20 300 200   0.25 400 100   0.30 500     0   0.35 600 ​ Refer to Table 15.1. Under a system of floating exchange rates, the equilibrium exchange rate equals