On March 13, 2020, you convert 660,000 US 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 TABLE 9-1 Foreign Currency Exchange Rates Exchange Rates: New York Cloning Snapshot Friday, March 13, 2020 Country Currency IN USS PERUS Tour Thun US dollar foreign exchange rates in late New York trading 317 Country/Currency IN USS PER USS Thurs Fri Thun Americas 0,0159 0.2016 0.7181 0.7209 0.7210 0.7211 62.90 62.70 4.850S 4.7941 1.3807 1.3926 1.3990 1.3872 1.3988 1.3870 1.3984 1.3368 839.00 850.60 4023.01 4028.00 1.0000 1.0000 21.9168 21.9202 4341 43.21 0.001176 0.000248 1.0000 0.0456 0.02314 Argentina peso 0.0159 Brill 0.2058 Canada dollar 0.7243 1-month forward 0.7148 3-month forward 07149 6-month forward 07151 Chile peso 0.001192 Colombia peso 0.000249 Feriador US dollar 1.0000 Mexico Peso 0.0456 Uruguay pero 0.02304 Asia-Pacific Australian dollar 0.6193 China yan 0.1427 Hong Kong dollar 0.1287 India rupee 0.01354 Indonesia rupiah 0.0000677 Japan yen 0.00926 1-month forward 0.00936 3-month forward 0.00938 6-month forward 0.00941 Kazakhstan 0.00246 Macau pataca 0.1250438 Malaysia ringgit 0.2337 New Zealand dollar 0.6068 Palostan rupee 0.00636 Philippines peso 0.0196 Singapore dollar 0,707 South Korea won 0.0008252 Sri Lanka rupee 0.005423 Taiwan dollar 0.03317 0.6237 0.1423 0.1286 0.01341 0.0000689 0.00956 0.00948 0.00950 0.00953 0.0025 0.1249375 0.2341 0.6087 0.00628 1.6147 1.6033 7.00R2 7.0296 7.7695 7.7773 73.84 74.576 14770 14522 107.98 104.63 106.88 105.49 106,58 105.22 106.24 104.91 106.55 400.63 7.9970 8.00:40 4.2785 4.2725 1.6480 1.6428 157.15 159.25 31.07 51.32 1.4145 1.4102 1211.78 1211.21 1844 182.87 30.14 30.18 Thailand Baht 0.03138 0,03152 3173 VietnaII hon | 0.00004308 0.00004311 23211 23197 Europe Bulgaria lev 0.56567 0.57251 1.7680 1.7470 Croatia kuna 0.1466 0.1471 6,8234 6.799 Crech Rep. Loa 0.0422 0.04267 23.697 23438 Denmark krone 0.1486 0.1497 6,7290 6.6812 Euro area cura 1.1104 1.1185 0.9006 0.8941 1-month forward 1090 1.1102 0.9017 0.900 3-month forward 1.1120 1.11.30 0.8993 0.8985 6-month forward 1.1150 1.1163 0.896 0.8958 Hungary forint 0.00327675 0.00330557303.18 302.52 Iceland Krona 0.007404 0.007492 135.07 133.48 Norway Krone 0.0994 0.0984 10.0583 10.1657 Poland zloty 0.2538 0.2555 3.9403 3.9142 Romania leu 0.2301 0.2318 43456 4.3140 Russia ruble 0.01377 0.01335 72.623 74.905 Sweden Krone 0.103 0.1026 9.7050 9.7493 Switzerland franc 1.0521 1.0594 0.9505 0.9439 1-month forward 10502 1.0507 0.9522 0.9518 3-month forward 10536 1.0541 0.9491 0.9487 6-month forward 10576 1.0581 0.9455 0.9451 Turkey lira 0.1579 0.1583 6.3337 6.3168 Ukraine hryvnia 0.0383 0.0387 26.1356 25.8563 UK pound 1.2284 1.2569 0.8141 0,7956 1-month forward 1.3415 1.2555 0.8055 0.7965 3-month forward 1.3425 1.2564 0.8048 0.7960 6-month forward 1.2428 1.2566 0.8046 0.7958 Middle East Africa Bahrain dinar 2.6489 2.6524 0.3775 0.3770 Egypt pound 0.0637 0.0637 15.7007 15.7011 Israel shekel 0.2728 0.2711 3.6662 3.6887 Kuwait dinar 3.2457 3.2608 0.3081 0.3067 Outur rial 0.2754 0.2762 3.6312 3.6202 Saudi Arabia riyal 0.2664 0.2664 3.7533 3.7538 South Africa and 0.0614 0.0605 16.2771 16.5405 0.0195 0.7091 0.0008256 0.0054684 0.03313
