Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Use the information in Figure 21.1 to answer the following questions: a. 100 is worth (Round your answer to 2 decimal places, e.g., 32.16.) (Round
Use the information in Figure 21.1 to answer the following questions: a. 100 is worth (Round your answer to 2 decimal places, e.g., 32.16.) (Round your answer to 4 decimal places, e.g., 32.1616.) b. 100 is worth SF Therefore, you would rather have c. The cross-rate for Swiss francs in terms of British pounds is SF/ The cross-rate for British pounds in terms of Swiss francs is /SF (Round your answers to 4 decimal places, e.g., 32.1616.) (Round your answers to 4 decimal places, e.g., 32.1616.) Figure 21.1 Exchange Rate Quotations in US$ per US$ .0167 .2391 .7608 .001287 .000297 1 .0532 .02678 60.0116 4.1816 1.3145 777.3 3365.07 1 18.7872 37.34 Country/Currency Americas Argentina peso Brazil real Canada dollar Chile peso Colombia peso Ecuador US dollor Mexico peso Uruguay peso Asia-Pacific Australian dollar 1 month 3 month 6 month China yuan Hong Kong dollar India rupee Indonesia rupiah Japan yen 1 month 3 month 6 month Kazakhstan tenge Macau pataca Malaysia ringgit New Zealand dollar Pakistan rupee Philippines peso Singapore dollar South Korea won Sri Lanka rupee Taiwan dollar Thailand baht .6825 .6822 .6813 .6799 .1442 .1287 .01402 .0000737 .00915 .00915 .00915 .00915 .00264 .1248923 .246 .6607 .00647 .0197 .7400 .0008546 .0055063 .03328 .03272 1.4652 1.4659 1.4678 1.4708 6.9367 7.7725 71.316 13573 109.28 109.29 109.30 109.31 378.6 8.007 4.0655 1.5135 154.63 50.801 1.3514 1170.2 181.61 30.05 30.56 .00004315 23173 vietnam dong Europe Bulgaria lev Croatia kuna Czech Republic koruna Denmark krone Euro area euro Hungary forint Iceland krona Norway krone Poland zloty Romania leu Russia ruble Sweden krona Switzerland franc 1 month 3 month 6 month Turkey lira Ukraine hryvnia UK pound 1 month 3 month 6 month Middle East/Africa Bahrain dinar Egypt pound Israel Shekel Kuwait dinar Oman sul rial Qatar rial Saudi Arabia riyal South Africa rand 56382 .1481 .04381 .1475 1.1026 .00327912 .008025 .1105 .259 .2306 .01611 .1045 1.0297 1.0317 1.0358 1.774 6.75 22.827 6.778 .9070 304.96 124.61 9.0484 3.8614 4.336 62.073 9.5669 .9712 .9693 .9654 .9599 5.9391 24.5652 .7649 .7656 .7663 . 767 1.0418 .1684 .0407 1.3074 1.3062 1.3049 1.3038 2.6529 .0633 .2894 3.2912 2.5974 .2747 .2665 .0695 .3769 15.8006 3.455 .3038 .39 3.6408 3.7517 14.3928
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started