LO1 1. Using Exchange Rates Take a look back at [ Table 18.2 to answer the following questions: a. If you have $100, how many Polish zlotys can you get? b. How much is one euro worth? c. If you have five million euros, 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 Mexican peso or a Chilean peso? f. How many Swiss francs can you get for a euro? What do you call this rate? g. Per unit, what is the most valuable currency of those listed? The least valuable?Table 18.2 reproduces exchange rate quotations from www.wsj.com and www.hsbcnet.com. The first column (labeled "USD Equiv") gives the number of dollars it takes to buy one unit of foreign currency. For example, the Australian dollar is quoted at .7748, which means that you can buy one Australian dollar with . 7748 U.S. dollars. TABLE 18.2 EXCHANGE RATES: MAY 5, 2021 Country/ Currency USD Equiv Currency per USD Americas Argentina peso 0107 93.6694 Brazil real 1868 5.3543 Canada dollar 8151 1.2269 Chile peso 001418 705.10 Ecuador US dollar Mexico peso .0494 20.2585 02270 44.0450 Uruguay pesoEurope Czech Rep. koruna 04655 21.484 Denmark krone 1615 6.1917 Euro area euro 1.2006 8330 Hungary forint 00334459 298.99 Norway krone 1197 8.3554 Poland zloty .2725 3.6701 Romania leu .2626 3.8084 Russia ruble 01337 74. 797 Sweden krona 1178 8.4862 Switzerland franc 1.0952 .9134 9137 1-mo forward 1.0945 9145 3-mos forward 1.0931 1.0909 9167 6-mos forward 1202 8.3175 Turkey lira 3909 7190\fAsia-Pacific Australia dollar .7748 1.2907 1-mo forward .7749 1.2905 3-mos forward .7751 1.2902 6-mos forward .7753 1.2898 China yuan 1545 6.4736 Hong Kong dollar 1287 7.7699 India rupee 01355 73.79165 Indonesia rupiah 0000693 14435 Japan yen 00916 109.20 1-mo forward 00914 109.42 3-mos forward 00908 110.08 6-mos forward 00899 111.21 2429 4.1175 Malaysia ringgit 7215 1.3860 New Zealand dollar 152.92 Pakistan rupee 00654