The EURUSD = $1.09 and the USDJPY = Y110. What is the euro cost of 100,000 yen? Hint: You will need a cross rate.

6. The EURUSD = $1.09 and the USDJPY = Y110. What is the euro cost of 100,000 yen? Hint: You will need a cross rate. EURUSD $ 1.09 USDJPY 110.00 Yen Amount 100,000 Answer ???? 7. A bank offers a USD - croatian kuna exchange rate (USDHRK) at 6.67 bid and 6.77 ask for corporate clients. A. How many USD would IBM receive if it sold 1,000,000 kuna? B. How many Kuna would IBM receive if it sold $100,000? USDHRK Bid 6.67 USDHRK Ask 6.77 Answer A. in USD ???? ???? Answer B. in Kuna 8. What is the transaction gain or loss of a 100,000 South African rand accounts payable if the rand exchange rate increases from 14.5 to 15.5 USDZAR? ????? 9. The spot USD - South African rand exchange rate (USDZAR) is R15.1288 for immediate delivery. This is a 4 decimal place currency. The 1-year forward points are 7,520.5 which are added to the spot rate. What is the forward hedged value of a 1-year receivable of 500,000 rand? Hint: what is the USD value if the exchange rate is the forward rate? USDZAR Bid 15.1288 Forward Price ??? Hedged USD Value