a) If the spot rate of U.S. dollars for Swiss francs is 0.9691, how much would 5 million Swiss francs be worth in U.S. dollars?

$ 4845500 OR $ 5159426.272 ?

As I understand, the Swiss franc is stronger here and that is why we multiply and the correct answer is $ 4845500. Am I right?

b) similarly, if the spot rate of U.S. dollars for Canadian dollar is 0.9622, how much would $ 4845500 be worth in Canadian dollars?

C$ 5035855 OR C$ 4662340.1 ?

c) Bank One issued $ 200 million worth of one-year CD liabilities in Brazilian reals at a rate of 6.50%. The exchange rate of U.S. dollars for Brazilian reals at the time of the transaction was $1.00 / Br 1.

Is Bank One exposed to an appreciation or depreciation of the U.S. dollar relative to the Brazilian real, and why?