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Quantitative Problem 1: Suppose that i Swedish krona could be purchased in the foreign exchange market today for $0.11. If the krona appreciated 5% tomorrow

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Quantitative Problem 1: Suppose that i Swedish krona could be purchased in the foreign exchange market today for $0.11. If the krona appreciated 5% tomorrow against the dollar, how many kronas would a dollar buy tomorrow? Do not round intermediate calculations. Round your answer to two decimal places. kranas Quantitative Problem 2. Suppose the exchange rate between the U.S. dollar and the South African rand was 14 rand = $1 and the exchange rate between the U.S. dollar and the Israeli Shekel was 1 Shekel - $0.25. What was the exchange rate between the South African rand and the Israeli Shekel? Do not round intermediate calculations. Round your answer to two decimal places rands per shekel

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