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Please help A-E EXCHANGE|RATE TABLE US Dollar Euro British Pound Indian Rupee Australian Dollar Canadian Dollar Singapore Dollar Swiss Franc Malaysian Ringgit Japanese Yen Chinese
Please help A-E
EXCHANGE|RATE TABLE US Dollar Euro British Pound Indian Rupee Australian Dollar Canadian Dollar Singapore Dollar Swiss Franc Malaysian Ringgit Japanese Yen Chinese Yuan Renminbi 1.00 USD 0.885590 0.756778 75.830653 1.401829 1.279462 1.367717 0.922036 4.225127 113.489031 6.366904 inv. 1.00 USD 1.129190 1.321392 0.013187 0.713354 0.781578 0.731146 1.084556 0.236679 0.008811 0.157062 To answer Q14a-Q14e, please use information from the exchange rate table above. Q14a. If you have 500 USD, how much money can you get in Euro? (4 points) Q14b. Compare the Canadian Dollar and the Singapore Dollar. Which currency is more valuable? (4 points) Q14c. For one Bristish Pound, how much can you get in Japanese Yen? (4 points) Q14d. Assume that, over the next year, the inflation rate in the US is 6%, while the inflation rate in Switzerland is 3%. All else equal, what is the expected exchange rate bewteen Swiss Franc and USD (expressed as Swiss Franc / USD) in one year? (4 points) Q14e. If the current exchange rate between Chinese Yuan and Australian Dollar is 3.8 Yuan/Australian Dollar, is there an arbitrage opportunity to explore? Explain. (4 points)Step by Step Solution
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