Question 1: Exchange Rate mechanics You are considering exchanging Swiss Francs (SF) for Japanese Yen (JY). You go to the bank and see the following rates posted: Swiss Franc/USD: 1.6933 Yen/USD: 115.44 A. What is the JY/SF exchange rate? a) 68.1746 b) 0.01467 c) 195.4746 d) 117.1333 B. What is the SF/JY exchange rate? a) 68.1746 b) 0.01467 c) 195.4746 d) 117.1333 C. If the Swiss Franc appreciates by 10%, what would the new JY/SF rate be? a) 175.927 b) 61.353 c) 74.987 d) 215.022 D. If the Yen lost 25% of its value against the Franc (relative to the figures quoted before question A), what would the new JY/SF rate be? a) 85.213 b) 51.128 e) 90.888