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Question 7 1 pts Assume the foreign exchange rate quotes are such that $1 is equal to 100 units of Japanese yens and 0.8022 units
Question 7 1 pts Assume the foreign exchange rate quotes are such that $1 is equal to 100 units of Japanese yens and 0.8022 units of Euros. Also, those quotes can be expressed as Japanese yens 100/$ and Euros 0.8022/$. How many Japanese yens is needed to buy 1 unit of Euro? none of the answers is correct Japanese yens 5.292/Euro Euros 0.002/Japanese yen Euros 5.908/Japanese yen Japanese yens 124.66/Euro Question 8 1 pts Stanley Black & Decker buys security system for its business operations from Denmark. The cost of security system is 111,000 Danish Krones. Approximately, how much in U.S. dollars will Stanley Black & Decker pay if $1 is equal to 6.3412 Danish Krones (Danish Krone/$)? O none of the answers is correct $26,535 O $15,560 $19,693 $17.505
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