1- Charlie is a currency trader and has in inventory 120000 Euros that he purchased for $1.13 per Euro. The Euro is now trading at $1.27. What is Charlie's profit or loss on this currency trade? $ Place your answer in numbers of dollars of profit or loss.

2- Ford sells a particular car in Geneva for 50185 Swiss francs. The company sells the same car in the U.S. for $34500. The company has a position that it collects foreign currency and brings it over to its U.S. headquarters in dollars at the end of each quarter. What exchange rate, expressed as U.S. dollars per Swiss franc, at the end of this current quarter would make the revenues earned on the car the same whether it was sold in Detroit or Geneva? Place your answer as a number with four decimal places