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THE SDR PROBLEM! Please be neat!!! 1. The rates in Table One are the amount of each currency that is in an SDR. Calculate the

THE SDR PROBLEM! Please be neat!!!

1. The rates in Table One are the amount of each currency that is in an SDR.

Calculate the value that an SDR in terms of US if the exchange rates are as follows (you

must show your work for max credit):

Yuan $.14/yuan

Euro $.98/euro

Yen 145 yen/$

Pound $1.15/Pound

Table 1: Currency units per SDR

Yuan 1.0174

Euro .38671

Yen 11.9

Pound 0859

Dollar 582

The value of an SDR in terms of dollars is____per SDR.

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