Question 5 1 pts Integrys Energy Group Inc received an order to sell fax machines to a firm in Brazil. The total price of fax machines is 127,800 in U.S. dollars. Approximately, how much the firm in Brazil will pay to Integrys Energy Group Inc in Brazilian reals if one unit of Brazilian real is currently equal to $0.306 (expressed as $/Brazilian real)? none of the answers is correct 417.647 Brazilian reals 516,348 Brazilian reals 527,873 Brazilian reals 406,837 Brazilian reals Question 6 1 pts Which of the following statements is correct? Given that the spot rate is $1.5136/ and the 90-day forward quote is $1.4974/, we can say that the U.S. dollar is expected to appreciate against the Euro in the future. The forward rate is what you agree to pay for the currency today by signing a contract today to buy the currency on a date today or in two business days. The ask quote represents the rate at which the dealer will buy foreign currency. All the answers are correct. O A Eurodollar is defined as a U.S. dollar deposited in a bank in the United States