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You just received a gift from a friend consisting of THB 10,000, which you would like to exchange for AUD. You observe that exchange rate

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You just received a gift from a friend consisting of THB 10,000, which you would like to exchange for AUD. You observe that exchange rate quotes for the THB are currently USD 0.025 / THB, while quotes for the AUD are USD 0.625 / AUD. How many AUD should you expect to receive for your THB at current exchange rates? Question 35 1 pts Suppose your barik quotes you an Ask price of USD 2.50 / GBP and a Bid price of USD 2.00 / GBP. If you buy USD 5,000 worth of GBP and immediately sell them back, how many USD do you have left after both transactions? Question 36 1 pts Suppose you observe the following exchange rate quotes Bid 6.2500 USD IZAR USD / CHF Ask 6.2750 1.5625 1.2550 What is cross Bid rate for CHF / ZAR? Suppose you observe the following exchange rate quotes Bid Ask 6.2500 6.2750 USD IZAR USD / CHF 1.2550 1.5625 What is cross Ask rate for CHF / ZAR? Question 38 1 pts Suppose the Spot price for GBP is USD 1.5000 / GBP and the one-year Forward price is USD 1.5375 / GBP. What is your future profit in USD if you buy GBP 500,000 at the Spot price and sell the same amount of GBP at the one-year Forward price? Question 39 1 pts The current spot exchange rate is USD 1.55 / EUR 1.00 and the three-month forward rate is USD 1.50 / EUR 1.00. You enter into a short forward position on EUR 1,000. At maturity in three months, the spot exchange rate is USD 1.25 / EUR 1.00. What is your profit on the forward contract in USD? Question 40 1 pts Suppose the spot price for EUR is USD 1.150 / EUR 1.00 and the 180-day forward rate is USD 1.265 / EUR 1.00. What is the annual forward premium (in percent)

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