TABLE 9-1 Foreign Currency Exchange Rates Exchange Rates: New York Closing Snapshot Friday, March 13, 2020 US.-dollar foreign-exchange rates in late New York trading Country/Currency IN US$ PER US$ Fri Thurs Fri Thurs Thailand baht 0.03138 0.03152 31.87 31.73 Country/Currency IN US$ PER US$ Vietnam dong 0.00004308 0.00004311 23211 23197 Fri Thurs Fri Thurs Europe Americas Bulgaria lev 0.56567 0.57251 1.7680 1.7470 Croatia kuna 0.1466 0.1471 Argentina peso 6.8234 6.799 0.0159 0.0159 Brazil real 0.2058 0.2086 Canada dollar 0.7243 0.7181 1-month forward 0.7148 0.7209 1.3990 62.90 4.8595 1.3807 1.3926 1.3872 62.70 Czech Rep. koruna 0.0422 0.04267 23.697 23.438 4.7941 Denmark krone 0.1486 0.1497 6.7290 6.6812 Euro area euro 1.1104 1.1185 0.9006 0.8941 3-month forward 0.7149 1-month forward 1.10901 0.7210 1.3988 1.3870 1.1102 0.9017 0.9008 6-month forward 3-month forward 1.11201 1.1130 0.7151 0.7211 0.8993 0.8985 1.3984 1.3868 Chile peso 6-month forward 1.1150 1.1163 0.8969 0.8958 0.001192 0.001176 839.00 850.60 Colombia peso 0.000249 Hungary forint 0.00327675 0.00330557 305.18 302.52 0.000248 4023.01 4028.00 Iceland krona 0.007404 0.007492 135.07 133.48 Ecuador US dollar 1.0000 1.0000 1.0000 1.0000 Mexico peso Norway krone 0.0994 0.0984 10.0583 10.1657 0.0456 0.0456 21.9168 21.9202 Uruguay peso 0.02304 0.02314 Poland zloty 0.2538 0.2555 3.9403 3.9142 43.41 43.21 Romania leu 0.2301 0.2318 4.3456 4.3140 Asia-Pacific Russia ruble 0.01377 0.01335 72.623 74.905 Australian dollar 0.6193. 0.6237 1.6147 1.6033 Sweden krona 0.103 0.1026 China yuan 0.1427 0.1423 7.0082 7.0296 Switzerland franc 1.0521 1.0594 9.7050 0.9505 9.7493 0.9439 Hong Kong dollar 0.1287 0.1286 7.7695 7.7773 1-month forward 1.0502 1.0507 0.9522 0.9518 India rupee 0.01354 0.01341 73.84 74.576 3-month forward 1.0536 1.0541 0.9491 0.9487 Indonesia rupiah 0.0000677 0.0000689 14770 14522 6-month forward 1.0576 1.0581 0.9455 0.9451 Japan yen 0.00926 0.00956 1-month forward 0.00936 0.00948 107.98 106.88 104.63 Turkey lira 0.1579 0.1583 6.3337 6.3168 105.49 Ukraine hryvnia 0.0383 0.0387 26.1356 25.8563 3-month forward 0.00938 0.00950 106.58 105.22 UK. pound 1.2284 1.2569 Q 0.8141 0.7956 6-month forward 0.00941 0.00953 106.24 104.91 1-month forward 1.24151 1.2555 0.8055 0.3965 Kazakhstan tenge 0.00246 0.0025 406.35 400.63 3-month forward 1.2425- 1.2564 0.8048 0.7960 Macau pataca 0.1250438 0.1249375 7.9970 8.0040 6-month forward 1.2428 1.2566 0.8046 0.7958 Malaysia tinggit 0.2337 0.2341 New Zealand dollar 0.6068 0.6087 4.2785 4.2725 1.6480 1.6428 Middle East/Africa Bahrain dinar 2.6489 2.6524 0.3775 0.3770 Pakistan rupee 0.00636 0.00628 157.15 159.25 Egypt pound 0.0637 0.0637 15.7007 15.7011 Philippines peso 0.0196 0.0195 Singapore dollar 0.707 0.7091 South Korea won Sri Lanka rupee Taiwan dollar 0.0008252 0.005423 0.03317 0.0008256 0.0054684 184.4 0.03313 51.07 51.32 14145 1.4102 1211.78 1211.21 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) 3.6302 182.87 Saudia Arabia riyal 0.2664 0.2664 3.7533 3.7538 30.14 30.18 South Africa rand 0.0614 0.0605 16.2771 16.5405 a. What was the spot exchange rate of Canadian dollars for U.S. dollars (USD/CAD) 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 Canadian dollars for U.S. dollars (USD/CAD) on March 13, 2020? (Round your answer to 4 decimal places. (e.g., 32.1616)) c. What was the three-month forward exchange rate of U.S. dollars for Japanese yen (JPY/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. Three-month forward exchange rate C US$1 C US$1 US$ JPY1