Use the following data in your responses to the remaining questions: Selling Quotes for Foreign Currencies in New York Country Currency Contract Foreign Currency Canada dollar Spot 0.8450 30-day 0.8415 90-day 0.8390 Japanyen Spot 0.004700 30-day 0.004750 90-day 0.004820 Switzerland franc Spot 0.5150 30-day 0.5182 I 90-day 0.5328 4. An Amencan business needs to pay a 15.000 Canadian dollars, D) 1.5 million yen, and (c) 55.000 Swiss francs to businesses abroad. What are the dollar payments to the respective countries? 5. An American business pays $20,000. $5.000, and $15,000 to suppliers in Japan, Switzerland, and Canada, respectively. How Tuch n local currencies, do the suppliers receive? 6. Cyrule the direct quole for the spot and forward Candian dolar contract 7. You dwn $10.000. The colar rate in Tokyo 216.6752 y. The yen rate in New York Given in the preceding table Are D trage profits & Selange scheme with your Get the gartrose dolari 8. Open