A cross-shaped matrix X\in\C^{n\times n} has nonzero elements located on the main diagonal and the anti-diagonal, so that the sparsity pattern has the shape of a cross. It is shown that X can be factorized into products of identity-plus-rank-two matrices and can be symmetrically permuted to block diagonal form with 2×2 diagonal blocks and, if n is odd, a 1×1 diagonal block. Exploiting these properties we derive explicit formulae for its determinant, inverse, and characteristic polynomial
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