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On July 15, 2016, you convert 700,000 U.S. dollars to Japanese yen in the spot forelgn exchange market and purchase a six-month forward contract to

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On July 15, 2016, you convert 700,000 U.S. dollars to Japanese yen in the spot forelgn 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 9-1 for this problem. (Round your answer to 2 decimal places. (e.... 32.16)) Amount that you will receive in 0.8. dollars at the end of six months Yahoo! Imported From Sa... 1 / 3 100% 0.7710 0.7711 0.001526 0.0003422 0.7759 0.7760 0.001538 0.0003429 1.2970 1.2968 655.10 2922.25 1.2889 1.2887 650.40 2916.55 1 1 18.3528 3-months forward 6-months forward Chile peso Colombia peso Ecuador US dollar Mexico peso Peru new sol Uruguay peso Venezuela bolivar Asia-Pacific Australian dollar China yuan Hong Kong dollar 0.0545 0.3049 0.0537 0.3050 0.03294 0.1000996 18.6066 3.2785 30.3600 9.9901 0.03299 3.2795 30.3100 9.9851 0.10014972 1.3103 6.6818 0.7632 0.1497 0.1290 0.01496 0.0000767 1.3201 6.6924 7.7546 67.14050 India rupee 7.7543 66.84320 13110 13037 0.7575 0.1494 0.1290 0.01489 0.0000763 0.00953 0.0095320 0.0095320 0.0095320 0.00295 0.00949 104.91 Indonesia rupiah Japan yen 1-month forward 3-months forward 6-months forward Kazakhstan tenge 105-35 0.0094918 0.00949235 0.00949237 0.00295 104.90991 104.90980 104.90961 105-35397 10534796 105-34777 339.27 339.33

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