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The following spot rates are observed in the foreign currency: Britain pound 0.62 Italy lira 13000.00 Japan yen 140.00 Netherlands guilder 1.90 Sweden krona 6.40

The following spot rates are observed in the foreign currency: Britain pound 0.62 Italy lira 13000.00 Japan yen 140.00 Netherlands guilder 1.90 Sweden krona 6.40 Switzerland franc 1.50 on the basis of this information, compute to the nearest second decmal the number of: a) British pounds that can be acquired for US 100. b) US dollar that 50 Dutch guilder will buy

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