On July 15, 2016, you convert 640,000 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 US dollars at the end of six months? Use the data in Table 9-1 for this problem. (Round your answer to 2 decimal places. (e.g., 32.16)) Amount that you will receive in U.S. dollars at the end of six months k PER US$ Fri Thurs TABLE 9-1 Foreign Currency Exchange Rates Exchange Rates: New York Closing Snapshot Friday, July 15, 2016 U.S.-dollar foreign-exchange rates in late New York trading IN US$ Country/currency Fri Thurs Americas Argentina peso 0.0669 0.0679 Brazil real 0.3050 0.3074 Canada dollar 0.7709 0.7758 1-month forward 0.7709 0.7758 3-months forward 0.7710 0.7759 6-months forward 0.7711 0.7760 Chile peso 0.001526 0.001538 Colombia peso 0.0003422 0.0003429 Ecuador US dollar Mexico peso 0.0537 0.0545 14.7260 14.9390 3.2784 3.2533 1.2972 1.2971 1.2970 1.2968 1.2891 1.2890 1.2889 1.2887 650.40 2916.55 655.10 2922.25 1 1 1 1 18.6066 18.3528 0.00953 104.91 104.90991 Japan yen 1-month forward 3-months forward 6-months forward Kazakhstan tenge 0.0095320 0.0095320 0.0095320 0.00949 0.0094918 0.00949235 0.00949237 104.90980 104.90961 339.27 105-35 105.35397 105-34796 105-34777 339-33 0.00295 0.00295