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Problem 5.1 Paris to St. Petersburg On your post-graduation celebratory trip you are leaving Paris for St. Petersburg, Russia. You leave Paris with 10,000 euros
Problem 5.1 Paris to St. Petersburg On your post-graduation celebratory trip you are leaving Paris for St. Petersburg, Russia. You leave Paris with 10,000 euros in your money pouch. Wanting to exchange all of these for Russian rubles, you obtain the following quotes. a) Calculate the cross rate Cross rate (Rubles ) b) What would be the proceeds in Rubles? Converting your euros into Rubles
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