1.To buy one Indian Rupee you would need_________cents 2. The number of pounds you can purchase per U.S. dollar is_________ 3. Assume that your firm must pay 10,000,000 rupees to an Indian firm. How much will you have to pay in U.S. dollars? 4. Assume that your firm must pay $4,000 to a Swiss firm. In Swiss francs, the Swiss firm will receive____ 5.The Swiss franc to British pound exchange rate is______ Swiss francs to the pound. 6. The British pound to Swiss franc exchange rate is_______British pounds to the Swiss Franc. 7. The direct 3 month forward rate for UK pounds is_________.

Instructions: Solve the following problems in the space provided and give the correct currency symbol or abbreviation where necessary. Below is an excerpt from Table 19.1, Foreign Exchange Rates (December 26, 2012) that appears in your text. (Sources The Wall Street Journal, Reuters)