Use the second left-most column of the exchange rate handout to calculate Tuesdays implied cross spot rate of the British pound in terms of the Japanese yen (show your calculations). Repeat the same question using the sixth column from the left.

1 U.S.-dollar foreign-exchange rates in late New York trading 01/07/2020 IN US$ PER US$ US$ VS. % CHG 1-DAY TUES MON YTD TUES MON 0.04 -0.2 0.0167 0.2458 0.0167 0.2462 59.7612 4.0679 1.2. 0.15 0.29 0.769 0.7712 1.3005 5 Americas 6 Argentina peso 7 Brazil real & Canada dollar Chile peso 10 Colombia peso Ecuador US dollar 12 Mexico peso 13 Uruguay peso 14 Asia-Pacific 15 Australian dollar 0.0013 59.7397 4.0618 1.2967 773.7 3246.21 0.001292 0.000308 0.1 4.1 -0.6 unch -0.57 0.52 unch 769.3 3263 0.000306 0.0529 0.27 -0.2 18.8943 0.0531 0.02688 18.8425 37.2 0.02681 0.27 0.4 37.3 1.4558 0.694 0.1433 China yuan 0.6869 0.144 0.1286 0.01392 2.2 -0.3 -0.2 0.7 1.03 -0.44 0.11 0.08 -0.47 6.9452 7.7786 17 0.1287 0.01393 0.0000717 1.4409 6.976 7.7698 71.7875 13940 108.37 71.845 0.0000721 -0.1 13875 0.00922 0.00923 -0.2 108.46 0.08 -0.03 -0.2 380.88 380.98 8.008 8.006 Hong Kong dollar India rupee Indonesia rupiah Japan yen Kazakhstan tenge 22 Macau Pataca 23 Malaysia ringgit 24 New Zealand dollar 25 Pakistan rupee 26 Philippines peso 27 Singapore dollar 28 South Korea won 0.00263 0.1248782 0.2443 0.6642 0.00645 0.02 -0.27 0.45 -0.1 0.1 1.4 4.093 4.104 - 1.5056 1.4988 0.00262 0.1249094 0.2437 0.6672 0.00646 0.0196 0.7411 0.0008565 0.09 0.01 155.02 154.87 0.0197 0.3 51.096 -0.42 0.04 0.7408 0.0008559 0.3 1.1 50.88 1.3499 1168.3 1.3493 1167.56 0.06 1 U.S.-dollar foreign-exchange rates in late New York trading 01/07/2020 IN US$ PER US$ US$ VS. % CHG 1-DAY TUES MON YTD TUES MON 0.04 -0.2 0.0167 0.2458 0.0167 0.2462 59.7612 4.0679 1.2. 0.15 0.29 0.769 0.7712 1.3005 5 Americas 6 Argentina peso 7 Brazil real & Canada dollar Chile peso 10 Colombia peso Ecuador US dollar 12 Mexico peso 13 Uruguay peso 14 Asia-Pacific 15 Australian dollar 0.0013 59.7397 4.0618 1.2967 773.7 3246.21 0.001292 0.000308 0.1 4.1 -0.6 unch -0.57 0.52 unch 769.3 3263 0.000306 0.0529 0.27 -0.2 18.8943 0.0531 0.02688 18.8425 37.2 0.02681 0.27 0.4 37.3 1.4558 0.694 0.1433 China yuan 0.6869 0.144 0.1286 0.01392 2.2 -0.3 -0.2 0.7 1.03 -0.44 0.11 0.08 -0.47 6.9452 7.7786 17 0.1287 0.01393 0.0000717 1.4409 6.976 7.7698 71.7875 13940 108.37 71.845 0.0000721 -0.1 13875 0.00922 0.00923 -0.2 108.46 0.08 -0.03 -0.2 380.88 380.98 8.008 8.006 Hong Kong dollar India rupee Indonesia rupiah Japan yen Kazakhstan tenge 22 Macau Pataca 23 Malaysia ringgit 24 New Zealand dollar 25 Pakistan rupee 26 Philippines peso 27 Singapore dollar 28 South Korea won 0.00263 0.1248782 0.2443 0.6642 0.00645 0.02 -0.27 0.45 -0.1 0.1 1.4 4.093 4.104 - 1.5056 1.4988 0.00262 0.1249094 0.2437 0.6672 0.00646 0.0196 0.7411 0.0008565 0.09 0.01 155.02 154.87 0.0197 0.3 51.096 -0.42 0.04 0.7408 0.0008559 0.3 1.1 50.88 1.3499 1168.3 1.3493 1167.56 0.06