QUESTION 1 Based on the information in the "Dollar Spot Forward" Table (from the Financial Times, 12/31/2014), what was the U.S. Dollar/Russian Ruble closing mid- point spot rate on 12/31/2014? a.$ 3.5520/Ruble Ob.s0.01667/Ruble OC. S 60.0000/Ruble d. $ 60.5600/Ruble e. $ 61.1600/Ruble DOLLAR SPOT FORWARD AGAINST THE DOLLAR Closing mid-point Change on day Bid/offer Day's mid High One month Rate PA Dec 31 Three month Rate PA One year JPMorgan spread Low Rate SPA Index Europe Czech Rep (Koruna) Denmark (Danish Krone) 22.9040 0.0983 888-192 6.1538 0.0333 525-550 260.940 2.0305 7.4976 0.0870 932-019 3.5520 0.0256 60.0000 4.3330 500-500 7.8283 0.0777 241-324 0.9937 0.0051 2.3378 0.0127 372-383 25593, 0.0032 590-595 1O -0.0064 099-102 0.6917 0.0013 22.9192 22.7210 22.8930 6.1192 6.1518 258.230 261.195 7.3840 06 22 8763 05 22.738O 07 0.4 6.1486 03 6.1196 06 -1.2 261.620 10 263 34O 09 -1.0 -1.7 6.1552 Hungary (Forint) (Nor. Krone) (Zloty) (Rouble) (Krona) (Fri (New Lira) (4) (Euro) (SDR) Norway Poland Russia Sweden Switzerland Turkey 263-530 261.540 7.5013 3.5530 60.5600 7.8442 0.9938 2.3380 1.5619 1.2170 7.5172 10 7.5387 0S 3.5663 1.6 3.5897 11 55.2900 61.1600 22.8 63.2790-20.7 69.7325-14.0 7.8256 0.1 7.8015 0.3 0.9919 07 0.9840 10 2.3846 7.9 2.5269 75 1.5581 0.3 1.5562 02 1.2111 0.3 d2169 05 7.5041 3.557) 504-536 3.5000 7.6964 0.9877 0.9932 2.3200 2.3550 1.5547 7.8275 0.1 0.6 934-939 UK Euro SDR 1.5589 1.2096 12105) 0.4 0.3 Americas Argentina Brazil Canada (Peso) (Real) (Canadian $) (Mexican Peso) (New Sol) (US s) 8.4645 -0.0860 635-655 2.6582 -0.0056 572-592 1.1583 0.0022 581-584 14.7398 0.0063 379-416 2.9765 0.0115 750-780 81.4000 8.8150 -47.7 9.3350-37.3 11.9810 294 2.6792 94 2.7261 -10.0 2.9417 9.6 1.1563 1.1590 0.8 1.1606 0.8 1.1671 08 14.6910 14.7675 2.3 14.8234 2.3 15.0930 2.3 2.9740 3.0000 94 3.0375 8.0 3.1411 5.2 8.4655 2.6592 1.1615 14.7690 2.9935 95.5 122 3 Mexico Peru USA Pacific/Middle East/Africa (AS) (HK $) (Indian Rupee) (Rupiah) (Rial) (Shekel) (Ven) (Kuwaiti Dinar) (Ringgit) (NZ $) (Peso) (Riyal) (S) (Rand) (Won) ($) (Baht) (Dirham) 1.2217 1.2247 2.7 1.2301 2.6 1.2035 15 127.0 85 1 1.2220 0.0021 217-222 1.2222 7.7549 -0.0023 543-554 63.1225 0.2625 150-300 63.3850 63.0300 635375 78 64.3525 7.6 67.4425 64 12385.0-61.5000 000-000 12450.0 12350.0 12452.5 6.5 12590.0 6.5 13235.0 6.4 13569.0 0.5000 000-000 3.8915 0.0011 896-933 119.895 0.5200 880-910 119.930 119.220 119.864 0.2929 0.0003 928-930 3.4965 -0.0020 950-980 1.2794 0.0051 791-798 44.7325 3.7525 -0.0002 522-527 1.3251 0.0040 248-254 11.5688 0.0135 637-738 11.5962 1099.15 31.6020 -0.1225 000-040 32.9000 3.6730 -0.0001 729-731 Australia Hong Kong India Indonesia Iran Israel Japan Kuwait 7.7581 7.7535 7.7551 0.0 7.7551 0.0 7.7554 0.0 3.8746 3.8914 0.0 3.8895 0.2 3.8741 0.4 0.3 119.792 0.3 119.174 0.6 3.9035 90.7 0.2930 0.2921 0.2930 0.2 0.2931 0.3 0.2940 04 3.4980 3.4890 3.5052 0.7818 44.7750 44.7250 44.8025 -1.9 44.9075 1.6 45 3875 -1.4 3.7532 1.3254 -3.0 3.5228 -3.0 3.5835 24 0.7814 1.2837 4.0 1.2909 3.5 1.3241 -3.4 108.9 Malaysia New Zealand Philippines Saudi Arabia Singapore South Africa Korea South Taiwan Thailand UAE - 250-400 3.7522 0.0 3.7572 0.1 3.7515 3.7522 1.3194 1.3262 -1.0 1.3270 0.6 1.3290 0.3 11.5330 11.6259 1086.67 1100.95 2.0 1103.70 -1.6 1109.95-1.0 31.5300 31.5980 32 8000 32.9538 2.0 33.0415 1.7 33.335013 36720 379 00 0.1 85.2 5.9 11.7457 6.0 12.3182 6.1 142.2 - 900-930 1099.30 02 315800 031660 0.8 31.7200 900-100 32.9700 3.6729 0.0 3.6743 0.0 3.6730 mid-point rates for the Euro and areshowninbracketsThe olherus in both rows are in the reciprocal form in line with market conventon tion of capital assets in 2.80 MYR/USD. Bid/offer spreads in the Dollar Spo wdts in bolh this Thalosing
