Page of 276 o ZOOM + L Student Name: Practice #3 Finance 463: International Finance Department of Finance Lundquist College of Business Ali Emami Please answer all questions. For solutions to problems, show all calculations. Correct answers without calculation will not receive any credit. Please limit each answer to space provided below each question. 1. (50 points] Assume the following spot rates are given at Ali-s Bank S = 1.6521-46 and s = 0.4567-82 DM a) What rates bank is posting in windows 1-4? (In each window, clearly indicate bid/ask for each currency) b) Explain your currency trading activities between windows for calculating the cross rates for windows 45 and 46. c) Assume that you have , 1000. How much DM you can get for your , 1000? Currency Bid Ask 1 si $ DM DM S 5