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On July 15, 2016, you convert 690,000 U.S. dollars to Japanese yen in the spot foreign exchange market and purchase a six month forward contract

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On July 15, 2016, you convert 690,000 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. (0.9., 32.16)) Amount that you will receive in US dollars at the end of six months + | A' Read aloud IN US$ PER US$ Fri Thurs Fri Thurs 0.0669 0.0679 14.9390 3.2784 Country/currency Americas Argentina peso Brazil real Canada dollar 1-month forward 3-months forward 6-months forward 0.3050 0.7709 0.3074 0.7758 0.7758 1.2972 0.7709 14.7260 3.2533 1.2891 1.2890 1.2889 1.2887 650.40 2916.55 0.7710 0.7759 0.7711 1.2971 1.2970 1.2968 655.10 2922.25 Chile peso Colombia peso 0.7760 0.001538 0.0003429 0.001526 0.0003422 1 1 1 1 0.0545 0.0537 0.3050 Ecuador US dollar Mexico peso Peru new sol Uruguay peso Venezuela bolivar Asia-Pacific Australian dollar 18.6066 3.2785 30.3600 9.9901 0.3049 0.03299 0.10014972 18.3528 3.2795 30.3100 9.9851 0.03294 0.1000996 0.7632 0.7575 0.1494 0.1290 1.3103 6.6818 China yuan 0.1497 Hong Kong dollar India rupee Indonesia rupiah Japan yen 1-month forward 3-months forward 6-months forward Kavalchstantense 0.1290 0.01496 0.0000767 0.00949 0.0094918 7-7543 66.84320 13037 1.3201 6.6924 7.7546 67.14050 13110 104.91 104.90991 104.90980 104.90961 0.01489 0.0000763 0.00953 0.0095320 0.0095320 0.0095320 105-35 105.35397 105-34796 0.00949235 0.00949237 105-34777 102 0.0000R 2001

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