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please help will rate thank you! Mikhail's Dilemma. Mikhail Khodorkovsky was one of the infamous Russian oligarchs, accumulating billions of dollars in wealth in the

please help will rate thank you!

Mikhail's Dilemma. Mikhail Khodorkovsky was one of the infamous Russian oligarchs, accumulating billions of dollars in wealth in the mid-1990s with the fall of the Soviet Union. But in 2003 he had been imprisoned by the Russian state for a decade. Upon his release from prison in 2013, he had taken up residence in Switzerland

with his money. In November 2014, Mikhail held a portfolio of USD

200 million and CHF

148 million in Swiss banks, in addition to accounts in Russia still holding RUB

1.1 billion. Using the exchange rate table

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, answer the following:

a. What is the value of Mikhail's portfolio measured in Russian rubles?

b. What is the value of Mikhail's portfolio measured in Swiss francs?

c. What is the value of Mikhail's portfolio measured in U.S. dollars?

d. Which currency demonstrated the greatest fluctuations in total value over the six dates?

Switzerland has long served as a cornerstone of banking conservatism and a safe port in a world of currency storms. Swiss banks had long been used by investors from all over the world as financially secure institutions that would preserve the depositor's wealth with confidentiality. A large part of the security offered was the Swiss franc itself. Russian citizens of wealth had used Swiss banks heavily in recent years as a place where they could shelter their capital from politics, both inside Russia and the outside (EU and US) world. But beginning in the fall of 2014 the Russian ruble's value began to slide against the Swiss franc, threatening their wealth.

Exchange Rates

Nov. 7, 2013

Nov. 7, 2014

Dec. 4, 2014

Dec. 16, 2014

Dec. 24, 2014

Jan. 16, 2015

Russian rubles per Swiss franc

35.289

48.255

56.246

70.284

55.367

76.644

Russian rubles per U.S. dollar

32.404

46.731

54.411

67.513

54.619

65.072

U.S. dollars per Swiss franc

1.0890

1.0326

1.0337

1.0410

1.0137

1.1778

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a. What is the value of Mikhail's portfolio measured in Russian rubles? Calculate the portfolio value as measured in rubles. (Round to the nearest ruble.) November 7, 2013 November 7, 2014 December 4, 2014 Portfolio value as measured in rubles Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total January 16, 2015 Calculate the portfolio value as measured in rubles. (Round to the nearest ruble.) Portfolio value as measured in rubles December 16, 2014 December 24, 2014 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total b. What is the value of Mikhail's portfolio measured in Swiss francs? Calculate the portfolio value as measured in francs. (Round to the nearest franc.) November 7, 2013 November 7, 2014 December 4, 2014 Portfolio value as measured in francs Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total January 16, 2015 Calculate the portfolio value as measured in dollars. (Round to the nearest dollar.) Portfolio value as measured in dollars December 16, 2014 December 24, 2014 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total January 16, 2015 Calculate the portfolio value as measured in francs. (Round to the nearest franc.) Portfolio value as measured in francs December 16, 2014 December 24, 2014 Russian ruble account balance Swiss franc account balance U.S. dollar account balance Total

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