1. Suppose Dow Chemical receives quotes of $0.008242-45 for the yen and $0.03023-27 for the Taiwan dollar (NT$) from Bank of America (BOA). That is, S($/) = $0.008242-0.008245 and S($/NT$) = $0.03023-0.03027. 1.a. How many U.S. dollars will Dow Chemical receive from the sale of 50 million? 1.b. What is the U.S. dollar cost to Dow Chemical of buying 1 billion? 1.c. How many NT$ will Dow Chemical receive for U.S.$500,000