Use the information in Figure 21.1 to answer the following questions: a. The six-month forward rate for the Japanese yen is \ The yen is selling at a because it is per US dollar (Round your answer to 2 decimal places, e.g., 32.16.) in the forward market than in the spot market b. The three-month forward rate for Australian dollars is $ The Australian dollar is selling at a because it is per Australian dollar (Round your answer to 4 decimal places, e.g., 32.1616.) in the forward market than in the spot market b. The three-month forward rate for Australian dollars is $ per Australian dollar (Round your answer to 4 decimal places, e.g., 32.1616.) The Australian dollar is selling at a because it is in the forward market than in the spot market relative to the yen and will relative to the Australian dollar. c. Based on the information in the figure, the value of the U.S. dollar will in US$ per US$ .0167 . 2391 .7608 001287 .000297 1 60.0116 4.1816 1.3145 777.3 3365.07 1 0532 02678 18.7872 37.34 6825 .6822 2 .6813 .6799 . 1442 : 1287 01402 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 Vietnam dong Europe Bulgaria lev Croatia kuna Czech Republic koruna Denmark krone 1.4652 1.4659 1.4678 1.4708 6.9367 7.7725 71.316 13573 109.28 . 0000737 .00915 .00915 .00915 109.29 109.30 109.31 . 00915 .00264 .1248923 .246 378.6 8.007 4.0655 .6607 .00647 1.5135 154.63 .0197 .7400 0008546 0055063 50.801 1.3514 1170.2 181.61 . 03328 .03272 30.05 30.56 23173 : 00004315 56382 1481 04881 1.774 6.75 22.827 6.778 9070 1475 Euro area euro 1 1026 o Type here to search o 100004315 23173 Vietnam dong Europe Bulgaria lev Croatia kuna Czech Republic koruna Denmark krone .56382 .1481 . 04081 . 1475 1.1026 1.774 6.75 22.827 6.778 .9070 304.96 00327912 .008025 . 1105 . 259 124.61 9.0484 3.8614 4.336 62.073 9.5669 . 2306 .01611 - 1945 1.0297 1.0317 1.0358 1.0418 9712 9693 19654 . 9599 1684 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 5.9391 24.5652 .0407 1.3074 .7649 1.3062 . 7656 .7663 1.3049 1.3038 5.767 2.6529 1.0633 3769 15.8006 3.455 . 2894 . 3038 3.2912 2.5974 2747 2665 0695 ,39 3.6408 3.7517 14.3928 o Type here to search