Refer to Table 9-1. a. What was the spot exchange rate of Kuwaiti dinar for U.S. dollars (USD/KWD) on March 13, 2020? (Round your answer to 4 decimal places. (e.g., 32.1616)) b. What was the six-month forward exchange rate of UK Pound for U.S. dollars (USD/GBP) on March 13, 2020? (Round your answer to 4 decimal places. (e.g., 32.1616)) c. What was the six-month forward exchange rate of U.S. dollars for UK Pound (GBP/USD) on March 13, 2020? (Round your answer to 5 decimal places. (e.g., 32.16161)) a. Spot exchange rate b. Six-month forward exchange rate c. Six-month forward exchange rate KWD GBP US$ /US$1 /US$1 /GBP1 Exchange Rates: New York Closing Snapshot Friday, March 13, 2020 U.S.-dollar foreign-exchange rates in late New York trading Country/Currency IN US$ PER US$ Fri Thurs Fri Thurs Americas Argentina peso 0.0159 0.0159 62.90 62.70 Brazil real 0.2058 0.2086 4.8595 4.7941 Canada dollar 0.7243 0.7181 1.3807 1.3926 1-month forward 0.7148 0.7209 1.3990 1.3872 3-month forward 0.7149 0.7210 1.3988 1.3870 6-month forward 0.7151 0.7211 1.3984 1.3868 Chile peso 0.001192 0.001176 839.00 850.60 Colombia peso 0.000249 0.000248 4023.01 4028.00 Ecuador US dollar 1.0000 1.0000 1.0000 1.0000 Mexico peso 0.0456 0.0456 21.9168 21.9202 Uruguay peso 0.02304 0.02314 43.41 43.21 Asia-Pacific Australian dollar 0.6193 0.6237 1.6147 1.6033 China yuan 0.1427 0.1423 7.0082 7.0296 Hong Kong dollar 0.1287 0.1286 7.7695 7.7773 India rupee 0.01354 0.01341 73.84 74.576 Indonesia rupiah 0.0000677 0.0000689 14770 14522 Japan yen 0.00926 0.00956 107.98 104.63 1-month forward 0.00936 0.00948 106.88 105.49 3-month forward 0.00938 0.00950 106.58 105.22 6-month forward 0.00941 0.00953 106.24 104.91 Kazakhstan tenge 0.00246 0.0025 406.55 400.63 Macau pataca 0.1250438 0.1249375 7.9970 8.0040 Malaysia ringgit 0.2337 0.2341 4.2785 4.2725 New Zealand dollar 0.6068 0.6087 1.6480 1.6428 Pakistan rupee 0.00636 0.00628 157.15 159.25 Philippines Peso 0.0196 0.0195 51.07 51.32 Singapore dollar 0.707 0.7091 1.4145 1.4102 South Korea won 0.0008252 0.0008256 1211.78 1211.21 Sri Lanka rupee 0.005423 0.0054684 184.4 182.87 Taiwan dollar 0.03317 0.03313 30.14 30.18 Country/Currency IN US$ PER US$ Fri Thurs Fri Thurs Thailand baht 0.03138 0.03152 31.87 31.73 Vietnam dong 0.00004308 0.00004311 23211 23197 Europe Bulgaria lev 0.56567 0.57251 1.7680 1.7470 Croatia kuna 0.1466 0.1471 6.8234 6.799 Czech Rep. koruna 0.0422 0.04267 23.697 23.438 Denmark krone 0.1486 0.1497 6.7290 6.6812 Euro area euro 1.1104 1.1185 0.9006 0.8941 1-month forward 1.1090 1.1102 0.9017 0.9008 3-month forward 1.1120 1.1130 0.8993 0.8985 6-month forward 1.1150 1.1163 0.8969 0.8958 Hungary forint 0.00327675 0.00330557 305.18 302.52 Iceland Krona 0.007404 0.007492 135.07 133.48 Norway krone 0.0994 0.0984 10.0583 10.1657 Poland zloty 0.2538 0.2555 3.9403 3.9142 Romania leu 0.2301 0.2318 4.3456 4.3140 Russia ruble 0.01377 0.01335 72.623 74.905 Sweden krona 0.103 0.1026 9.7050 9.7493 Switzerland franc 1.0521 1.0594 0.9505 0.9439 1-month forward 1.0502 1.0507 0.9522 0.9518 3-month forward 1.0536 1.0541 0.9491 0.9487 6-month forward 1.0576 1.0581 0.9455 0.9451 Turkey lira 0.1579 0.1583 6.3337 6.3168 Ukraine hryvnia 0.0383 0.0387 26.1356 25.8563 U.K. pound 1.2284 1.2569 0.8141 0.7956 1-month forward 1.2415 1.2555 0.8055 0.7965 3-month forward 1.2425 1.2564 0.8048 0.7960 6-month forward 1.2428 1.2566 0.8046 0.7958 Middle East/Africa Bahrain dinar 2.6489 2.6524 0.3775 0.3770 Egypt pound 0.0637 0.0637 15.7007 15.7011 Israel shekel 0.2728 0.2711 3.6662 3.6887 Kuwait dinar 3.2457 3.2608 0.3081 0.3067 Qatar rial 0.2754 0.2762 3.6312 3.6202 Saudia Arabia riyal 0.2664 0.2664 3.7533 3.7538 South Africa rand 0.0614 0.0605 16.2771 16.5405 Refer to Table 9-1. a. What was the spot exchange rate of Kuwaiti dinar for U.S. dollars (USD/KWD) on March 13, 2020? (Round your answer to 4 decimal places. (e.g., 32.1616)) b. What was the six-month forward exchange rate of UK Pound for U.S. dollars (USD/GBP) on March 13, 2020? (Round your answer to 4 decimal places. (e.g., 32.1616)) c. What was the six-month forward exchange rate of U.S. dollars for UK Pound (GBP/USD) on March 13, 2020? (Round your answer to 5 decimal places. (e.g., 32.16161)) a. Spot exchange rate b. Six-month forward exchange rate c. Six-month forward exchange rate KWD GBP US$ /US$1 /US$1 /GBP1 Exchange Rates: New York Closing Snapshot Friday, March 13, 2020 U.S.-dollar foreign-exchange rates in late New York trading Country/Currency IN US$ PER US$ Fri Thurs Fri Thurs Americas Argentina peso 0.0159 0.0159 62.90 62.70 Brazil real 0.2058 0.2086 4.8595 4.7941 Canada dollar 0.7243 0.7181 1.3807 1.3926 1-month forward 0.7148 0.7209 1.3990 1.3872 3-month forward 0.7149 0.7210 1.3988 1.3870 6-month forward 0.7151 0.7211 1.3984 1.3868 Chile peso 0.001192 0.001176 839.00 850.60 Colombia peso 0.000249 0.000248 4023.01 4028.00 Ecuador US dollar 1.0000 1.0000 1.0000 1.0000 Mexico peso 0.0456 0.0456 21.9168 21.9202 Uruguay peso 0.02304 0.02314 43.41 43.21 Asia-Pacific Australian dollar 0.6193 0.6237 1.6147 1.6033 China yuan 0.1427 0.1423 7.0082 7.0296 Hong Kong dollar 0.1287 0.1286 7.7695 7.7773 India rupee 0.01354 0.01341 73.84 74.576 Indonesia rupiah 0.0000677 0.0000689 14770 14522 Japan yen 0.00926 0.00956 107.98 104.63 1-month forward 0.00936 0.00948 106.88 105.49 3-month forward 0.00938 0.00950 106.58 105.22 6-month forward 0.00941 0.00953 106.24 104.91 Kazakhstan tenge 0.00246 0.0025 406.55 400.63 Macau pataca 0.1250438 0.1249375 7.9970 8.0040 Malaysia ringgit 0.2337 0.2341 4.2785 4.2725 New Zealand dollar 0.6068 0.6087 1.6480 1.6428 Pakistan rupee 0.00636 0.00628 157.15 159.25 Philippines Peso 0.0196 0.0195 51.07 51.32 Singapore dollar 0.707 0.7091 1.4145 1.4102 South Korea won 0.0008252 0.0008256 1211.78 1211.21 Sri Lanka rupee 0.005423 0.0054684 184.4 182.87 Taiwan dollar 0.03317 0.03313 30.14 30.18 Country/Currency IN US$ PER US$ Fri Thurs Fri Thurs Thailand baht 0.03138 0.03152 31.87 31.73 Vietnam dong 0.00004308 0.00004311 23211 23197 Europe Bulgaria lev 0.56567 0.57251 1.7680 1.7470 Croatia kuna 0.1466 0.1471 6.8234 6.799 Czech Rep. koruna 0.0422 0.04267 23.697 23.438 Denmark krone 0.1486 0.1497 6.7290 6.6812 Euro area euro 1.1104 1.1185 0.9006 0.8941 1-month forward 1.1090 1.1102 0.9017 0.9008 3-month forward 1.1120 1.1130 0.8993 0.8985 6-month forward 1.1150 1.1163 0.8969 0.8958 Hungary forint 0.00327675 0.00330557 305.18 302.52 Iceland Krona 0.007404 0.007492 135.07 133.48 Norway krone 0.0994 0.0984 10.0583 10.1657 Poland zloty 0.2538 0.2555 3.9403 3.9142 Romania leu 0.2301 0.2318 4.3456 4.3140 Russia ruble 0.01377 0.01335 72.623 74.905 Sweden krona 0.103 0.1026 9.7050 9.7493 Switzerland franc 1.0521 1.0594 0.9505 0.9439 1-month forward 1.0502 1.0507 0.9522 0.9518 3-month forward 1.0536 1.0541 0.9491 0.9487 6-month forward 1.0576 1.0581 0.9455 0.9451 Turkey lira 0.1579 0.1583 6.3337 6.3168 Ukraine hryvnia 0.0383 0.0387 26.1356 25.8563 U.K. pound 1.2284 1.2569 0.8141 0.7956 1-month forward 1.2415 1.2555 0.8055 0.7965 3-month forward 1.2425 1.2564 0.8048 0.7960 6-month forward 1.2428 1.2566 0.8046 0.7958 Middle East/Africa Bahrain dinar 2.6489 2.6524 0.3775 0.3770 Egypt pound 0.0637 0.0637 15.7007 15.7011 Israel shekel 0.2728 0.2711 3.6662 3.6887 Kuwait dinar 3.2457 3.2608 0.3081 0.3067 Qatar rial 0.2754 0.2762 3.6312 3.6202 Saudia Arabia riyal 0.2664 0.2664 3.7533 3.7538 South Africa rand 0.0614 0.0605 16.2771 16.5405