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3. You are given the following exchange rates: Exchange Rates Time 0 Time 1 So Si USD / GBP 1.8558 1.8561 USD/EUR 1.2674 1.2622 CAD
3. You are given the following exchange rates: Exchange Rates Time 0 Time 1 So Si USD / GBP 1.8558 1.8561 USD/EUR 1.2674 1.2622 CAD / USD 1.3111 1.3129 MXN / USD 10.7575 10.6780 AUD/USD 1.3095 1.3025 ZAR / USD 6.8330 6.8850 Where: GBP = British Pound: CAD Canadian Dollar; MXN - Mexican Peso; AUD = Australian Dollar; ZAR = South African Rand Using the information above: a. Which foreign currencies are directly quoted? b. Which foreign currencies are indirectly quoted? c. What is the percentage change in the value of the GBP? d. What is the percentage change in the value of the AUD? e. What is the percentage change in the value of the EUR? f. What is the percentage change in the value of the MXN? g. What is the AUD/ZAR cross rate? h. What is the ZAR / GBP cross rate? i. What is the EUR/GBP cross rate
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