Question
a . What was the spot exchange rate of Taiwan dollar for U.S. dollars (USD/TWD) on July 15, 2016? (Round your answer to 4 decimal
a. What was the spot exchange rate of Taiwan dollar for U.S. dollars (USD/TWD) on July 15, 2016? (Round your answer to 4 decimal places. (e.g., 32.1616)) b. What was the six-month forward exchange rate of Euro area Euro for U.S. dollars (USD/EU) on July 15, 2016? (Round your answer to 4 decimal places. (e.g., 32.1616)) c. What was the six-month forward exchange rate of U.S. dollars for Euro area Euro (EU/USD) on July 15, 2016? (Round your answer to 7 decimal places. (e.g., 32.1616161))
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The first column is Country/currency.
The second column is In US$ Friday.
The third column is In US$ Thursday.
The forth column is Per US$ Friday.
The fifth column is Per US$ Thursday.
Taiwan dollar 0.03130 0.03125 31.95 32.00 Thailand baht 0.02860 34.970 35.030 0.02855 0.00004488 Vietnam dong 0.00004482 22310 22282 Europe Bulgaria lev 0.56367 0.56844 1.774 1.759 Croatia kuna 0.1471 0.1484 6.7973 6.7387 Czech Rep. koruna 0.04084 0.04114 24.489 24.309 Denmark krone 0.1483 0.1495 6.7422 6.6888 Euro area euro 1.1037 1.1121 0.9061 0.8992 0.8980 1-month forward 1.1052 1.1135 0.9048 3-months forward 1.1079 1.1163 0.9026 0.8958 6-months forward 1.1123 1.1207 0.8990 0.8923 Hungary forint 0.00349993 0.00353782 285.72 282.66 Taiwan dollar 0.03130 0.03125 31.95 32.00 Thailand baht 0.02860 34.970 35.030 0.02855 0.00004488 Vietnam dong 0.00004482 22310 22282 Europe Bulgaria lev 0.56367 0.56844 1.774 1.759 Croatia kuna 0.1471 0.1484 6.7973 6.7387 Czech Rep. koruna 0.04084 0.04114 24.489 24.309 Denmark krone 0.1483 0.1495 6.7422 6.6888 Euro area euro 1.1037 1.1121 0.9061 0.8992 0.8980 1-month forward 1.1052 1.1135 0.9048 3-months forward 1.1079 1.1163 0.9026 0.8958 6-months forward 1.1123 1.1207 0.8990 0.8923 Hungary forint 0.00349993 0.00353782 285.72 282.66Step by Step Solution
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