Study Abroad: Paris to Moscow. On your summer

study abroad program in Europe, you stay an extra

two weeks to travel from Paris to Moscow. You leave

Paris with $2,000$ euros $($ or EUR$)$ in your belt pack.

Wanting to exchange all of these for Russian rubles

$($ or RUB$),$ you obtain the following quotes:

Spot rate rubles per dollar $($or RUB$/$USD$)1\mathrm{.}1280$

Spot rate Rupee per dollar $($or INR $=1\mathrm{.}00$ USD$)62\mathrm{.}40$

a$.$ What is the Russian ruble to euro cross rate?

b$.$ How many R ussian rubles will you obtain for

your euros? After spending

a week in Moscow, you get an email from your

friend in India. He can get you a really good deal on

a plane ticket and wants you to meet him in Mumbai

next week to continue your global studies. You have

$450,000$ rubles left in your money pouch. In preparation

for the trip, you want to exchange your Russian

rubles for Indian rupee at the Moscow airport:

Spot rate USD $=1\mathrm{.}00$ EUR $($or $$/)1\mathrm{.}1280$

Spot rate RUB $=1\mathrm{.}00$ USD $($or R$/$$$)62\mathrm{.}40$

c$.$ What is the Russian ruble to rupee cross rate?

d$.$ How many Indian rupees will you obtain for your

rubles?