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You need to sell Japanese Yen (JPY) 100,000,000. You call up a dealer and get a market, (JPY/USD) 118.48 119.30. How many dollars will you

You need to sell Japanese Yen (JPY) 100,000,000. You call up a dealer and get a market, (JPY/USD) 118.48 119.30. How many dollars will you get for your JPY 100,000,000?

and

Assume that a bank's market for Danish kroner (DKK) is USD/DKK 0.1495 USD/DKK 0.1500. Assume you convert $1,000 to Danish Kroner to take to vacation trip to Denmark and make the conversion. How many kroner will your receive? Be sure to indicate the answer is in Danish Kroner

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