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On July 15, 2016, you convert 530,000 U.S, dollars to Japanese yen in the spot foreign exchange market and purchase a six-month forward contract to

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On July 15, 2016, you convert 530,000 U.S, dollars to Japanese yen in the spot foreign exchange market and purchase a six-month forward contract to convert yen into dollars. How much will you receive in U.S. dollars at the end of six months? Use the data in Table 91 for this problem. (Round your answer to 2 decimal places. (e.9,32.16) ) \begin{tabular}{|c|c|c|c|c|} \hline Friday, July 15,2016 & & & & \\ \hline \multirow[b]{2}{*}{ Country/currency } & \multicolumn{2}{|c|}{ IN US\$ } & \multicolumn{2}{|c|}{ PER US\$ } \\ \hline & Fri & Thurs & Fri & Thurs \\ \hline \multicolumn{5}{|l|}{\begin{tabular}{l} Country/currency \\ Americas \end{tabular}} \\ \hline Argentina peso & 0.0669 & 0.0679 & 14.9390 & 14.7260 \\ \hline Brazil real & 0.3050 & 0.3074 & 3.2784 & 3.2533 \\ \hline Canada dollar & 0.7709 & 0.7758 & 1.2972 & 1.2891 \\ \hline 1-month forward & 0.7709 & 0.7758 & 1.2971 & 1.2890 \\ \hline 3-months forward & 0.7710 & 0.7759 & 1.2970 & 1.2889 \\ \hline 6-months forward & 0.7711 & 0.7760 & 1.2968 & 1.2887 \\ \hline Chile peso & 0.001526 & 0.001538 & 655.10 & 650.40 \\ \hline Colombia peso & 0.0003422 & 0.0003429 & 2922.25 & 2916.55 \\ \hline Ecuador US dollar & 1 & 1 & 1 & 1 \\ \hline Mexico peso & 0.0537 & 0.0545 & 18.6066 & 18.3528 \\ \hline Peru new sol & 0.3050 & 0.3049 & 3.2785 & 3.2795 \\ \hline Uruguay peso & 0.03294 & 0.03299 & 30.3600 & 30.3100 \\ \hline \end{tabular} \begin{tabular}{lrrrr|} Asia-Pacific & & & & \\ Australian dollar & 0.7575 & 0.7632 & 1.3201 & 1.3103 \\ China yuan & 0.1494 & 0.1497 & 6.6924 & 6.6818 \\ Hong Kong dollar & 0.1290 & 0.1290 & 7.7546 & 7.7543 \\ India rupee & 0.01489 & 0.01496 & 67.14050 & 66.84320 \\ Indonesia rupiah & 0.0000763 & 0.0000767 & 13110 & 13037 \\ Japan yen & 0.00953 & 0.00949 & 104.91 & 105.35 \\ 1-month forward & 0.0095320 & 0.0094918 & 104.90991 & 105.35397 \\ 3-months forward & 0.0095320 & 0.00949235 & 104.90980 & 105.34796 \\ 6-months forward & 0.0095320 & 0.00949237 & 104.90961 & 105.34777 \\ Kazakhstan tenge & 0.00295 & 0.00295 & 339.27 & 339.33 \end{tabular} \begin{tabular}{|lrrrc|} \hline Macau pataca & 0.1251643 & 0.1253039 & 7.990 & 7.981 \\ Malaysia ringgit & 0.2522 & 0.2542 & 3.9657 & 3.9335 \\ New Zealand dollar & 0.7118 & 0.7199 & 1.4049 & 1.3891 \\ Pakistan rupee & 0.00955 & 0.00954 & 104.72 & 104.80 \\ Philippines peso & 0.0214 & 0.0213 & 46.7930 & 46.8900 \\ \hline \end{tabular}

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