Question 9 1 pts Suppose the spot exchange rate for the Japanese yen is $0.00561 per yen. Which of the following is the correct yen per dollar exchange rate? V208.345 per dollar X178.25 per dollar V119.55 per dollar 146.26 per dollar Question 10 1 pts The 60-day forward rate for Japanese Yen is v125.75 per dollar. The spot rate is 119.45 per dollar in 60 days you expect to receive V5,000,000. If you agree to a 60 day forward contract, how many dollars will you receive in 60 days! $41,859.24 $44,094,58 $50.667.77 $39.761.43 $628,750,000 Question 11 1 pts If the exchange rate for the Euro changes from $0.925/C to $0.940/ then The value of the US dollar has declined relative to the value of the Euro There is not enough information to make a statement about the relative values of the currencies The value of the US dollar has increased relative to the value of the Euro The value of the US dollar has remained unchanged relative to the value of the Euro U Question 12 1 pts Suppose the spot rate on the British pound is 1.345 per dollar, and the spot rate on the Japanese Yen is V142.1 per dollar What are the implicit cross rates between pounds (E) and yen (V)? NOTE: There are two answers to this question. You MUST select both answers to get credit 0.009465 per yen 0.08765 per dollar V145.7845 per pound V105.65 per pound 0 Question 13 1 pts Suppose the direct quote between the New Zealand dollar and the US dollar is 0.60. Which of the following is correct? 1. You can buy NZ$1.00 for US$0.60 2. You can buy NZ$1.00 for US$1.6667 3. You can buy NZ$1.6667 for US$1.00 4. You can buy NZ$0.60 for US$1.00 both 1 and 3 2 only both 2 and 4 3 only 1 only U Question 14 1 pts An agreement to exchange currencies at some point in the future using an agreed upon exchange rate today is referred to as a trade. spot floating triangle arbitrage swap forward