1. If the Euro ask price is $1.35 and the Euro bid price is $1.28, what is the bid-ask spread in percentage terms?

2. The AUD was priced at $1.42 in september2013. In sep 2012,the price of the AUD was $1.45. In sep 2011, the prices of the AUD was $1.12. What is the percent change in the AUD from 2011 to 2012? what is the percent change in AUD from 2012 to 2013>?

3. Suppose the following spot exchange rates exist today.

Euro=$1.50

Can$=$0.75

Euro=can$2

If transaction costs are zero,can triangular arbitrage be used to earn a profit?

5.Dubas Co. is a U.S.-based MNC that has a subsidiary in Germany and another subsidiary in Greece. Both subsidiaries frequently remit their earnings back to the parent company. The German subsidiary generated a net outflow of E2,000,000 this year, while the Greek subsidiary generated a net inflow of E1,500,000.What is the net inflow or outflow as measured in U.S. dollars this year? The exchange rate for the euro is $1.05.