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2 Summer Abroad: Moscow to Mumbai. After spend - ing a week in Moscow you get an e - mail from your friend in India.

2 Summer Abroad: Moscow to Mumbai. After spend-
ing a week in Moscow you get an e-mail from your
friend in India. She can get you a really good deal on
a plane ticket and wants you to meet her in Mumbai
next week to continue your global studies. You have
450,000 Russian rubles (RUB) left in your money
pouch. In preparation for the trip you want to ex-
change your Russian rubles for Indian rupee (INR)
at the Moscow airport:
Spot rate: RUB64.60= USD1.00
Spot rate: INR 66.80= USD1.00
a. What is the Russian ruble to Indian rupee cross
rate?
b. How many Indian rupee will you obtain for
your rubles?
c. What is this amount in U.S. dollars?
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