1. In the Wall Street Journal, you observe that the British pound (£) is quoted at $1.65. The Australian dollar (A$) is quoted at $0.60. What is the value of the Australian dollar in British pounds?

 

2. Assume that the spot rate for the euro is $1.20 while the 180-day forward rate for the euro is $1.23. What is the forward rate premium?

 

 3. USD/CHF= .93

  USD/CAD= $1.36

What is the value of CHF in CAD?