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Calculating and Using Exchange Rates Exercise 1 Fill in the table using the direct and indirect quotes provided. Currency U.S.$ Equivalent Currency per U.S.$ Equivalent

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Calculating and Using Exchange Rates Exercise 1 Fill in the table using the direct and indirect quotes provided. Currency U.S.$ Equivalent Currency per U.S.$ Equivalent of 100 U.S.S China (Yuan Renminbi) 0.1208 Japan (Yen) 120.38 Mexico (Peso) 1064.28 1.7803 Singapore (Dollar) Taiwan (Dollar) 0.02878 Turkey (Lira) 161,290,300 1.5734 U.K. (Pound) Venezuela (Bolivar) 1597.44 Euro 1.0773

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