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. Table 11.12 gives hypothetical dollar/franc exchange values for Wednesday, May 5, 2008. a. Fill in the last two columns of the table with the

. Table 11.12 gives hypothetical dollar/franc exchange values for Wednesday, May 5, 2008. a. Fill in the last two columns of the table with the reciprocal price of the dollar in terms of the franc.

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TABLE 11.12 Dollar/Franc Exchange Values CURRENCY PER IN U.S. $ U.S. $ Wed. Tues. Wed. Tues. Switzerland (franc) .5851 .5846 30-day forward 5853 .5848 90-day forward 5854 .5849 180-day forward 5851 .5847

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