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a? a. What is the value of Mikhai's portfolio measured in Russian rubles? Calculate the portfolio value as measured in rubles. (Round to the nearest
a? a. What is the value of Mikhai's portfolio measured in Russian rubles? Calculate the portfolio value as measured in rubles. (Round to the nearest ruble.) Portfolio value as measured in rubles November 7, 2013 November 7, 2014 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total December 4, 2014 January 16, 2015 Calculate the portfolio value as measured in rubles. (Round to the nearest rubie.) Portfolio value as measured in rubles December 16, 2014 December 24, 2014 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total ) b. What is the value of Mikhail's portfolio measured in Swiss francs? . Calculate the portfolio value as measured in francs. Round to the nearest franc.) Portfolio values measured in francs November 7, 2013 November 7, 2014 7 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total December 4, 2014 January 18, 2015 Calculate the portfolio value as measured in francs. (Round to the nearest franc.) . . Portfolio value as measured in francs December 16, 2014 December 24, 2014 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total January 16, 2015 Calculate the portfolio value as measured in dollars. (Round to the nearest dollar.) . .) Portfolio value as measured in dollars December 16, 2014 December 24, 2014 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total d. Which currency demonstrated the greatest fluctuations in total value over the six dates? (Select the best choice below.) O A. The currency which demonstrated the greatest fluctuations in total value over the six dates is the Russian ruble, OB. The currency which demonstrated the greatest fluctuations in total value over the six dates is the Swiss franc. OC. The currency which demonstrated the greatest fluctuations in total value over the six dates is U.S. dollar. = Homework: HW 9 Question 2, Problem 9-8... Part 1 of 19 HW Score: 46.15%, 6 of 13 points O Points: 0 of 3 Save Mikhail's Dilemma. Mikhail Khodorkovsky was one of the infamous Russian oligarchs, accumulating billions of dollars in wealth in the mid-1990s with the fall of the Soviet Union. But in 2003 he had been imprisoned by the Russian state for a decade. Upon his release from prison in 2013, he had taken up residence in Switzerland with his money. In November 2014, Mikhail held a portfolio of USD 202 million and CHF155 million in Swiss banks, in addition to accounts in Russia still holding RUB1.3 billion. Using the exchange rate table answer the following: a. What is the value of Mikhail's portfolio measured in Russian rubles? b. What is the value of Mikhai's portfolio measured in Swiss francs? c. What is the value of Mikhail's portfolio measured in US dollars? d. Which currency demonstrated the greatest fluctuations in total value over the six dates? X Data table Russo-Swiss Cross-2015 - Switzerland has long served as a cornerstone of banking conservatism and a safe port in a world of currency storms. Swiss banks had long been used by investors from all over the world as financially secure institutions that would preserve the depositor's wealth with confidentiality. A large part of the security offered was the Swiss franc itself. Russian citizens of wealth had used Swiss banks heavily in recent years as a place where they could shelter their capital from politics, both inside Russia and the outside (EU and US) world. But beginning in the fall of 2014 the Russian ruble's value began to slide against the Swiss franc, threatening their wealth. (Click on the icon to copy the table below into a spreadsheet.) Exchange Rates Nov. 7, 2013 Nov. 7, 2014 , Dec 4, 2014 Dec. 16, 2014 Dec. 24, 2014 , Jan 16, 2015 , Russian rubles per Swiss franc 35.284 48.259 56.248 70.282 55.368 76.636 Russian rubles per US dollar 32.402 46.728 54 414 67.506 54.622 65,075 U.S. dollars per Swiss franc 1,0889 1.0328 1.0337 1.0411 1.0137 1.1777 a? a. What is the value of Mikhai's portfolio measured in Russian rubles? Calculate the portfolio value as measured in rubles. (Round to the nearest ruble.) Portfolio value as measured in rubles November 7, 2013 November 7, 2014 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total December 4, 2014 January 16, 2015 Calculate the portfolio value as measured in rubles. (Round to the nearest rubie.) Portfolio value as measured in rubles December 16, 2014 December 24, 2014 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total ) b. What is the value of Mikhail's portfolio measured in Swiss francs? . Calculate the portfolio value as measured in francs. Round to the nearest franc.) Portfolio values measured in francs November 7, 2013 November 7, 2014 7 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total December 4, 2014 January 18, 2015 Calculate the portfolio value as measured in francs. (Round to the nearest franc.) . . Portfolio value as measured in francs December 16, 2014 December 24, 2014 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total January 16, 2015 Calculate the portfolio value as measured in dollars. (Round to the nearest dollar.) . .) Portfolio value as measured in dollars December 16, 2014 December 24, 2014 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total d. Which currency demonstrated the greatest fluctuations in total value over the six dates? (Select the best choice below.) O A. The currency which demonstrated the greatest fluctuations in total value over the six dates is the Russian ruble, OB. The currency which demonstrated the greatest fluctuations in total value over the six dates is the Swiss franc. OC. The currency which demonstrated the greatest fluctuations in total value over the six dates is U.S. dollar. = Homework: HW 9 Question 2, Problem 9-8... Part 1 of 19 HW Score: 46.15%, 6 of 13 points O Points: 0 of 3 Save Mikhail's Dilemma. Mikhail Khodorkovsky was one of the infamous Russian oligarchs, accumulating billions of dollars in wealth in the mid-1990s with the fall of the Soviet Union. But in 2003 he had been imprisoned by the Russian state for a decade. Upon his release from prison in 2013, he had taken up residence in Switzerland with his money. In November 2014, Mikhail held a portfolio of USD 202 million and CHF155 million in Swiss banks, in addition to accounts in Russia still holding RUB1.3 billion. Using the exchange rate table answer the following: a. What is the value of Mikhail's portfolio measured in Russian rubles? b. What is the value of Mikhai's portfolio measured in Swiss francs? c. What is the value of Mikhail's portfolio measured in US dollars? d. Which currency demonstrated the greatest fluctuations in total value over the six dates? X Data table Russo-Swiss Cross-2015 - Switzerland has long served as a cornerstone of banking conservatism and a safe port in a world of currency storms. Swiss banks had long been used by investors from all over the world as financially secure institutions that would preserve the depositor's wealth with confidentiality. A large part of the security offered was the Swiss franc itself. Russian citizens of wealth had used Swiss banks heavily in recent years as a place where they could shelter their capital from politics, both inside Russia and the outside (EU and US) world. But beginning in the fall of 2014 the Russian ruble's value began to slide against the Swiss franc, threatening their wealth. (Click on the icon to copy the table below into a spreadsheet.) Exchange Rates Nov. 7, 2013 Nov. 7, 2014 , Dec 4, 2014 Dec. 16, 2014 Dec. 24, 2014 , Jan 16, 2015 , Russian rubles per Swiss franc 35.284 48.259 56.248 70.282 55.368 76.636 Russian rubles per US dollar 32.402 46.728 54 414 67.506 54.622 65,075 U.S. dollars per Swiss franc 1,0889 1.0328 1.0337 1.0411 1.0137 1.1777
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