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Mikhail's Dilemma. Mikhail Khodorkovsky was one of the infamous Russian oligarchs, accumulating billions of dollars in wealth in the mid-1990s with the fall of the

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Mikhail's Dilemma. Mikhail Khodorkovsky was one of the infamous Russian oligarchs, accumulating billions of dollars in wealth in the mid-1990s with the fall of the Soviet Union. But in 2003 he had been imprisoned by the Russian state for a decade. Upon his release from prison in 2013, he had taken up residence in Switzerland with his money. In November 2014 Mikhail held a portfolio of USD 208 million and CHF 157 million in Swiss banks, in addition to accounts in Russia still holding RUB1.1 billion. Using the exchange rate table answer the following a. What is the value of Mikhail's portfolio measured in Russian rubles? b. What is the value of Mikhail's portfolio measured in Swiss francs? c. What is the value of Mikhail's portfolio measured in US dollars? d. Which currency demonstrated the greatest fluctuations in total value over the six dates? a. What is the value of Mikhail's portfolio measured in Russian rubles? Calculate the portfolio value as measured in rubles (Round to the nearest ruble.) December 4, 2014 Portfolio value as measured in rubles November 7, 2013 November 7, 2014 Russian ruble account balance Swiss franc account balance US dollar account balance Total Calculate the portfolio value as measured in rubles (Round to the nearest ruble) December 16, 2014 December 24, 2014 January 16, 2015 Portfolio values measured in rubles Russian ruble account balance Swiss franc account balance US dollar account balance Total b. What is the value of Mikhail's portfolio measured in Swiss francs? Calculate the portfolio value as measured in francs (Round to the nearest franc.) December 4, 2014 Portfolio value as measured in francs November 7, 2013 November 7, 2014 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total Calculate the portfolio value as measured in francs. (Round to the nearest franc) December 16, 2014 December 24, 2014 January 16, 2015 Portfolio value as mesured in francs Russian ruble account balance Swiss franc account balance US dollar account balance Total With c. What is the value of Mikhail's portfolio measured in US dollars? Calculate the portfolio value as measured in dollars. (Round to the nearest dollar) November 7, 2013 November 7, 2014 December 4, 2014 Portfolio value as measured in dollars Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total Calculate the portfolio value as measured in dollars. (Round to the nearest dollar) December 16, 2014 December 24, 2014 January 16, 2015 Portfolio value as measured in dollars Russian ruble account balance Swiss franc account balance US dollar account balance Total d. Which currency demonstrated the greatest fluctuations in total value over the six daten? (Select the best choice below) O A. The currency which demonstrated the greatest fluctuations in total value over the six datos is US dollar B. The currency which demonstrated the greatest fluctuations in total value over the six dates is the Swiss franc OC. The currency which demonstrated the greatest fluctuations in total value over the six dates in the Russian ruble Data table Russo Swiss Cross 2015 Switzerland has long served as a cornerstone of banking conservatism and a safe port in a world of currency storms. Swiss banks had long been used by investors from all over the world as financially secure institutions that would preserve the depositor's wealth with confidentiality A large part of the security offered was the Swiss franc itself Russian citizens of wealth had used Swiss banks heavily in recent years as a place where they could shelter the capital from politics, both inside Russia and the outside (EU and US) world. But beginning in the fall of 2014 the Russian ruble's value began to slide against the Swiss franc, threatening their wealth (Click on the icon to copy the table below into a spreadsheet) Exchange Rates Nov 7, 2013 Nov. 7. 2014 Dec 4, 2014 Dec. 16, 2014 Dec 24, 2014 Jan 16, 2015 Russian rubles per Swiss franc 35282 48.258 56.251 70.283 55 361 76.644 Russian rubles per US dollar 32.408 46 733 54 412 67511 54617 65.068 US dollars per Swiss franc 1 OBBY 10326 10310 10411 1016 11779 Mikhail's Dilemma. Mikhail Khodorkovsky was one of the infamous Russian oligarchs, accumulating billions of dollars in wealth in the mid-1990s with the fall of the Soviet Union. But in 2003 he had been imprisoned by the Russian state for a decade. Upon his release from prison in 2013, he had taken up residence in Switzerland with his money. In November 2014 Mikhail held a portfolio of USD 208 million and CHF 157 million in Swiss banks, in addition to accounts in Russia still holding RUB1.1 billion. Using the exchange rate table answer the following a. What is the value of Mikhail's portfolio measured in Russian rubles? b. What is the value of Mikhail's portfolio measured in Swiss francs? c. What is the value of Mikhail's portfolio measured in US dollars? d. Which currency demonstrated the greatest fluctuations in total value over the six dates? a. What is the value of Mikhail's portfolio measured in Russian rubles? Calculate the portfolio value as measured in rubles (Round to the nearest ruble.) December 4, 2014 Portfolio value as measured in rubles November 7, 2013 November 7, 2014 Russian ruble account balance Swiss franc account balance US dollar account balance Total Calculate the portfolio value as measured in rubles (Round to the nearest ruble) December 16, 2014 December 24, 2014 January 16, 2015 Portfolio values measured in rubles Russian ruble account balance Swiss franc account balance US dollar account balance Total b. What is the value of Mikhail's portfolio measured in Swiss francs? Calculate the portfolio value as measured in francs (Round to the nearest franc.) December 4, 2014 Portfolio value as measured in francs November 7, 2013 November 7, 2014 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total Calculate the portfolio value as measured in francs. (Round to the nearest franc) December 16, 2014 December 24, 2014 January 16, 2015 Portfolio value as mesured in francs Russian ruble account balance Swiss franc account balance US dollar account balance Total With c. What is the value of Mikhail's portfolio measured in US dollars? Calculate the portfolio value as measured in dollars. (Round to the nearest dollar) November 7, 2013 November 7, 2014 December 4, 2014 Portfolio value as measured in dollars Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total Calculate the portfolio value as measured in dollars. (Round to the nearest dollar) December 16, 2014 December 24, 2014 January 16, 2015 Portfolio value as measured in dollars Russian ruble account balance Swiss franc account balance US dollar account balance Total d. Which currency demonstrated the greatest fluctuations in total value over the six daten? (Select the best choice below) O A. The currency which demonstrated the greatest fluctuations in total value over the six datos is US dollar B. The currency which demonstrated the greatest fluctuations in total value over the six dates is the Swiss franc OC. The currency which demonstrated the greatest fluctuations in total value over the six dates in the Russian ruble Data table Russo Swiss Cross 2015 Switzerland has long served as a cornerstone of banking conservatism and a safe port in a world of currency storms. Swiss banks had long been used by investors from all over the world as financially secure institutions that would preserve the depositor's wealth with confidentiality A large part of the security offered was the Swiss franc itself Russian citizens of wealth had used Swiss banks heavily in recent years as a place where they could shelter the capital from politics, both inside Russia and the outside (EU and US) world. But beginning in the fall of 2014 the Russian ruble's value began to slide against the Swiss franc, threatening their wealth (Click on the icon to copy the table below into a spreadsheet) Exchange Rates Nov 7, 2013 Nov. 7. 2014 Dec 4, 2014 Dec. 16, 2014 Dec 24, 2014 Jan 16, 2015 Russian rubles per Swiss franc 35282 48.258 56.251 70.283 55 361 76.644 Russian rubles per US dollar 32.408 46 733 54 412 67511 54617 65.068 US dollars per Swiss franc 1 OBBY 10326 10310 10411 1016 11779

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