Question list * Question 1 * Question 2 The table below reports selected exchange rates not only against the US dollar, but also against

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Question list * Question 1 * Question 2 The table below reports selected exchange rates not only against the US dollar, but also against the euro and the pound sterling. (Each row gives the price of the dollar, euro, and pound, respectively, in terms of a different currency.) At the same time, the table gives the spot dollar prices of the euro ($1.1219 per euro) and the pound sterling ($1.2597 per pound). Key Currency Cross Rates U.S. Dollar EU Euro June 4, 2020 U.K. Pound Switzerland (SFranc) Japan (Yen) Mexico (Peso) U.S. (Dollar) 0.9621 108.825 21.595 1.0794 122.0956 24.2284 1.1219 1.2118 137.0816 27.2022 1.2597 Consider the Japanese yen. If $100 is expended to purchase this currency directly, the quantity of yen obtained is 10882.50. (Round your answer to two decimal places.) An alternative method of acquiring yen is through triangular arbitrage via the Euro. In this case, $100 is expended to first acquire euros and then yen, yielding 10882.50 yen. (Round your answer to two decimal places.) Using triangular arbitrage to obtain yen can also be done through the British pound. In this case, $100 is expended to first acquire pounds and then yen, yielding yen. (Round your answer to two decimal places.)