2. 1. What is the dollar equivalent of each of the following currency amounts. Foreign Currency 9,000 Russian rubles Exchange Rate 90 Rubles/$ Value in U.S. dollars $ 5,000 South African rands .05 $ / Rand $ 500 euros 0.92 /$ $ 400 Polish zloty 4 zloty / $ $ The U.S.-pound exchange rate is 1.25 $ / . The U.S.-Indian rupee exchange rate is 80 rupees / $. a. What is the implied Indian rupee / exchange rate? Show work. b. Suppose the Indian rupee / exchange rate is 125 rupees / and not what you calculated in part a. Does the pound buy more or less rupees than it should? c. Suppose you have $500. What would you do to make a profit through arbitrage? (Check one.) Go from $ to to Rupees to $ Go from $ to Rupees to to $ WA d. How many dollars would you have if you conducted this "triangular" arbitrage?