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Pokmon Go. Crystal Gomez, who lives in Mexico City (as noted in the Global Finance in Practice 1.2 in the chapter), bought 100 Pokcoins for
Pokmon Go. Crystal Gomez, who lives in Mexico City (as noted in the Global Finance in Practice 1.2 in the chapter), bought 100 Pokcoins for 15 Mexican pesos (Ps or MXN). Nintendo of Japan, one of the part owners of Pokmon Go, will need to convert the Mexican pesos (Ps or MXN) into its home currency, the Japanese yen, in order to record the financial proceeds. The current spot exchange rate between the Mexican peso and the U.S. dollar is 17.53 ( MXN=1.00 USD) and the current spot rate between the dollar and the Japanese yen ( or JPY) is 95.41 (JPY = 1.00 USD). What are the yen proceeds of Crystal Gomez's purchase? Isaac Diez. Isaac Diez Peris lives in Rio de Janeiro. While attending school in Spain he meets Juan Carlos Cordero from Guatemala. Over the summer holiday Isaac decides to visit Juan Carlos in Guatemala City for a couple of weeks. Isaac's parents give him some spending money, R$4,600. Isaac wants to exchange it for Guatemalan quetzals (GTQ). He collects the following rates: Spot rate on the GTQ/ exchange rate is GTQ10.5202 =1.00 Spot rate on the /R$ exchange rate is 0.5287=R$1.00 a. What is the Brazilian real/Guatemalan quetzal cross rate? b. How many quetzals will Isaac get for his reais? a. What is the Brazilian real/Guatemalan quetzal cross rate? The cross rate is GTQ R\$. (Round to four decimal places.) Munich to Moscow. On your post-graduation celebratory trip you decide to travel from Munich, Germany, to Moscow, Russia. You leave Munich with 15,800 euros in your wallet. Wanting to exchange all of them for Russian rubles, you obtain the following quotes: Spot rate on the dollar/euro exchange rate $1.3281/ Spot rate on the ruble/dollar exchange rate Rb30.58/$ a. What is the Russian ruble/euro cross rate? b. How many rubles will you obtain for your euros? a. What is the Russian ruble/euro cross rate? The Russian ruble/euro cross rate is Rb. E. (Round to two decimal places.)
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