USD 1.00000 1.0000 EURO 0.98322 1.00000 1.547 1.4973 Use the two rows of data above as follows, TODAY for one dollar you can purchase 0.98322 Euro or it will buy 1.5472 INR, but you cannot buy EURO with INR and vice versa 1.) What is the cross exchange rate for Euro/ INR ? 2.) If you receive 100,000 INR, how many euro can you buy? 60 days later, the second row of data is valid, the EURO is one to one with the dollar. The INR is paying an annual rate of 4.7% and EURO is paying 2.3%, the dollar is paying 1.5 % (all rates are ANNUAL) 3.) What is your highest return on the 100,000 INR, meaning do you stay with INR for 60 days then convert to dollars, or convert to EURO for 60 days then convert to dollars? or go straight to dollars for 60 days? *SHOW ALL WORK