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Exchange Rates: New York Closing Snapshot Fins. August 26, 2011 U.S. dollar foreign-exchange rates in late New York trading U.S. dollar foreign-exchange rates in late

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Exchange Rates: New York Closing Snapshot Fins. August 26, 2011 U.S. dollar foreign-exchange rates in late New York trading U.S. dollar foreign-exchange rates in late New York trading \begin{tabular}{|c|c|c|c|c|c|c|} \hline Country/currency & \multicolumn{2}{|c|}{ INUSS } & \multicolumn{2}{|c|}{ USS VS. \% CHG } & \multicolumn{2}{|c|}{ PER USS } \\ \hline & Fri & Thurs & 1-Day & YTO & Fri & Thurs \\ \hline \multicolumn{7}{|l|}{AustraliandollarAsia-Pacific} \\ \hline Australian dollar & 1.0575 & 1.0431 & -1.37 & -3.2 & 0.9456 & 0.9587 \\ \hline i-mos forward & 1.05340591 & 1.03894 & -1.39 & -3.4 & 0.95 & 0.96 \\ \hline 3-mos fonward & 1.04607091 & 1.03160 & -1.40 & -3.4 & 0.96 & 0.97 \\ \hline o-mos forward & 1.03684591 & 1.02218 & -1.42 & 3.7 & 0.96 & 0.98 \\ \hline China yuan & 0.1585 & 0.1565 & unch & 3.2 & 6.3910 & 0.3885 \\ \hline Hong Kong dollar & 0.1283 & 0.1283 & unch & 0.3 & 7.7960 & 7.7953 \\ \hline India rupee & 0.02172 & 0.02178 & 0.26 & 2.7 & 46.03495 & 45.91495 \\ \hline Indonesia rupiah & 0.0001102 & 0.0001169 & 0.55 & 3.2 & 8505 & 8558 \\ \hline Japan yen & 0.01304802 & 0.01290589 & -1.06 & -5.5 & 78.64 & 77.46 \\ \hline i-mos forward & 0.01305202 & 0.01291 & -1.07 & -5.8 & 76.62 & 77.44 \\ \hline 3-mos forward & 0.01306208 & 0.01292 & -1.08 & 5.9 & 76.56 & 77.38 \\ \hline G-mos forward & 0.01308258 & 0.01294 & -1.08 & 5.9 & 76.44 & 77.28 \\ \hline Malaysia ringgi & 0.3347 & 0.3347 & ursch & -1.1 & 2.9882 & 2.9882 \\ \hline New Zealand dollar & 0.8398 & 0.8273 & -1.49 & -7.2 & 1.1907 & 1.2088 \\ \hline Pakistan rupee & 0.01151 & 0.01152 & unch & 1.4 & 88.870 & 88.830 \\ \hline Philippines peso & 0.0236 & 0.0238 & unch & 3.0 & 42.410 & 42.405 \\ \hline Singapore dollar & 0.8310 & 0.8257 & -0.64 & -6.2 & 1.2033 & 1.2111 \\ \hline South Korea won & 0.0009283 & 0.0009185 & -1.05 & -1.9 & 1077.30 & 1088.75 \\ \hline Taivan dollar & 0.03447 & 0.03448 & unch & -0.1 & 29.010 & 29.020 \\ \hline Thailand baht & 0.03345 & 0.03333 & -0.35 & 1.6 & 29.898 & 30.004 \\ \hline Vietnam dong & 0.00005 & 0.00005 & unch & 7.2 & 20838 & 20843 \\ \hline \end{tabular} 1. Using Exchange Rates [LO1] Take a look back at Figure 21.1 to answer the following questions: a. If you have $100, how many South Korean won can you get? b. How much is one Taiwan dollar worth? c. If you have 5 million Thailand baht, how many dollars do you have? d. Which is worth more, a New Zealand dollar or a Singapore dollar? e. Which is worth more, a Taiwan dollar or a Thailand baht? f. How many Vietnam dong can you get for a Malaysia ringgit? What do you call this rate? g. Per unit, what is the most valuable currency of those listed? The least valuable

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