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Intro You observe the following exchange rates (per USD): Country/currency Spot rate 30 days 90 days 180 days China yuan 5.88 6 6.06 6.18 Europe
Intro You observe the following exchange rates (per USD): Country/currency Spot rate 30 days 90 days 180 days China yuan 5.88 6 6.06 6.18 Europe euro 0.787 0.756 0.732 Japan Yen 113 111.87 109.61 105.09 UK pound 0.658 0.664 0.678 0.697 0.772 Part 1 Attempt 1/10 for 10 pts. How many dollars do you need to buy a Lexus that costs 5,000,000 yen if you want to lock in a rate for the car's delivery in 3 months? 0+ decimals Submit Part 2 - Attempt 1/10 for 10 pts. You've saved $800 for a trip to Italy. How many euros will you get if you lock in a rate corresponding to the start of your trip in one month? 0+ decimals Submit
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