Munich to Moscow. On yourpost-graduation celebratory trip you decide to travel fromMunich, Germany, toMoscow, Russia. You leave Munich with

15,400 euros in your wallet. Wanting to exchange all of them for Russianrubles, you obtain the followingquotes:

Spot rate on thedollar/euro exchange rate

$1.3258

1.3258/euro

Spot rate on theruble/dollar exchange rate

Rbl30.06

30.06/$

a. What is the Russianruble/euro crossrate?

b. How many rubles will you obtain for youreuros?

a. What is the Russianruble/euro crossrate?

The Russianruble/euro cross rate is Rbl

nothing /euro

. (Round to two decimalplaces.)