Assume 1 Chilean Peso (CLP) is equal to $0.0012 and 1 Australian dollar (AUD) is equal to $.67. What is the value of the Australian dollar in Chilean Peso? 01 Australian dollar is equal to 558.3333 Chilean Pesos. 01 Australian dollar is equal to 0.0018 Chilean Pesos, 01 Australian dollar is equal to 0.0008 Chilean Pesos 01 Australian dollar is equal to 55.8333 Chilean Pesos. Question 2 (3.33 points) Saved Which of the following is not true about syndicated loans? (Hint: The materials tested for this question is related to assigned homework readings.) A borrower that receives a syndicated loan incurs various fees besides the interest rate. The interest rate on the syndicated loan depends on the maturity of the loan. creditworthiness of the borrower currency denominating the loan, and interbank lending rate. The loans are provided by a group of banks to a borrower. The loans are only denominated in U.S. dollars. Question 3 (3.33 points) On August 1st, Tiffany Co. ordered raw material from France and agreed to pay 100 million euros for this order on November 1st. It negotiated a 3-month forward contract to obtain 100 million euros on that date at $1.25 per euro. On September 1st, the French firm informed Tiffany Co. that it won't be able to fulfill that order. The euro spot rate on September 1st is $126 and 2-month forward rate exhibits a 2% discount. To offset its existing contract, Tiffany Co will negotiate a forward contract to for the date of November 1st and the profit/loss generated from this transaction is a U.S. dollars. Sell euro: gain of $1,520,000. Buy euro; gain of $1.520,000 O Sell euro; loss of $1.520,000, O Buy euro; loss of $1,520,000