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II. (3) Following questions are based on Chapter 3 Slide H20 (FX quotation conventions) from the lecture note. a. The number on the top of

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II. (3) Following questions are based on Chapter 3 Slide H20 (FX quotation conventions) from the lecture note. a. The number on the top of the second column 1.1772 is defined as the value of the curo in terms of the US dollar and written as: Sst=$1.1772/. What is the value of the US dollar in terms of the euro? Use the same notation. b. What is the value of the yen in terms of the euro? This is called "eross exchange" rate based on this table. Use both values 1.1772 and 117.77 to answer this question. II. (3) Following questions are based on Chapter 3 Slide H20 (FX quotation conventions) from the lecture note. a. The number on the top of the second column 1.1772 is defined as the value of the curo in terms of the US dollar and written as: Sst=$1.1772/. What is the value of the US dollar in terms of the euro? Use the same notation. b. What is the value of the yen in terms of the euro? This is called "eross exchange" rate based on this table. Use both values 1.1772 and 117.77 to answer this

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