1. You want to exchange 10,000 (Mexican Pesos, MXN or $) for Euros and then Japanese Yen in Paris, France as you travel to Tokyo, Japan. The euro peso spot rate at a Paris bank is 24.5900/ and the euro yen spot rate at the same bank is 127.7364/. What is the yen peso cross rate (/)? (Answer to four decimal places without currency signs.)

2. You want to exchange R$10,000 (Brazilian reais, BRL) for Swedish Krona and then Turkish Lira ( or TL) in Stockholm, Sweden as you travel to Istanbul, Turkey. The kronor real spot rate at a Stockholm bank is 1.5754kr/R$ and the lira krona spot rate at the same bank is 0.8409TL/kr. What is the lira real cross rate (TL/R$)? (Answer to four decimal places without currency signs.)