Refer to Table 9-1 a. What was the spot exchange rate of China yuan for U.S. dollars (USD/CNY) on July 15, 2016? (Round your answer to 4 decimal places. (e.g., 32.1616) b. What was the six- month forward exchange rate of Euro area Euro for U.S. dollars (USD/EU) on July 15, 2016? (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 Euro area Euro (EU/USD) on July 15, 2016? (Round your answer to 7 decimal places. (e.g., 32.1616161)) 6.6924 US$1 a. Spot exchange rate b. Six-month forward exchange rate c. Six-month forward exchange rate CNY $ EU US$ US$1 EU1 TU/aprey pdf + 0 A Read al ud Draw Highligit TABLE 9-1 Foreign Currency Exchange Rates Exchange Rates: New York Closing Snapshot Friday, July 15, 2016 U.S.-dollar foreign-exchange rates in late New York trading IN US$ PER USS Country/currency Fri Thurs Fri Thurs Americas Argentina peso 0.0669 0.0679 14.9390 14.7260 Brazil real 0.3050 0.3074 3.2784 3.2533 Canada dollar 0.7709 0.7758 1.2972 1.2891 1-month forward 0.7709 0.7758 1.2971 1.2890 3-months forward 0.7710 0.7759 1.2970 1.2889 6-months forward 0.7711 0.7760 1.2968 1.2887 0.001526 0.001538 655.10 650.40 Colombia peso 0.0003422 0.0003429 2922.25 2916.55 Ecuador US dollar 1 1 1 Mexico peso 0.0537 0.0545 18.6066 18.3528 Chile peso 1 E e here to search E o 0.1483 6.7422 0.9061 1.1037 0.1495 1.1121 1.1:35 1.1163 1.1052 0.9048 Denmark krone Euro area euro 1-month forward 3-months forward 6-months forward Hungary forint Iceland Krona Norway krone Poland zloty 6.6888 0.8992 0.8980 0.8958 0.8923 282.66 1.1079 1.1207 0.00353782 1.1123 0.00349993 0.008237 0.1179 0.9026 0.8990 285.72 121.41 8.4836 0.008219 0.1196 121.67 8.3631 0.2492 0.2522 4.0126 3.9645