Question 23 (1 point) El Salvador uses the US dollar instead of its own currency. If there are $13790000 dollars circulating in El Salvador and the US risk-free rate is 2.0%, what is the annual value of seigniorage El Salvador forgoes? Your Answer: Answer Question 24 (1 point) The $: exchange rate is 1 - $1.44, and the C/SFr exchange rate is SFr 1 = 0.72. What is the SFr/$ exchange rate? (Enter your answer as a whole number with no symbols. For example, if you compute $1.2345/SFr, enter "1.2345") Your Answer: Answer Question 25 (1 point) In London, interest paid on pounds sterling is 11%. If the spot rate is $1.95/ and the one-year forward rate is $1.86/, what is the covered yield % on pounds? (Enter your answer as a whole number with no symbols. For example, if you compute 1.2345%, enter "1.2345") Your Answer: Answer Next Page Page 25 of 30