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Submitted By derekshu
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Answer 1 a. Brazilian reais/Guatemalan quetzal cross rate= 10.5799*0.4462 = 4.7208 b. Quetzals= 4,500*4.7208= 21,243.60 (GTQ)

Answer 2
a). From a $10,000 US$ perspective
i). Canadian$=1.293653*US$10,000=12,936.53
(Rate: 1.00 USD = 1.2936.53 CAD May 15 2016 02:46UTC) ii). Swiss Franc=0.9763.11*US$10,000=9,763.11
(Rate: 1.00 USD = 0.976311 CHF May 15, 2016 02:48 UTC) iii). Chinese Yuan Renminbi=6.531287*US$10,000=65,312.87 (Rate: 1.00 USD = 6.5531287 CNY May 15, 2016 02:49UTC) iv). Argentine Peso=14.199999*US$10,000=141,999.99 (Rate: 1.00 USD = 14.99999 ARS May 15, 2016 02:51 UTC)
b). From the 100,000 Chinese Yean Renminbi perspective
i). Canadian$=0.1980526*CNY100, 000=19,805.26
(Rate: 1.00 CNY = 0.1980526 CAD May 15, 2016 02:52 UTC) ii). Swiss Franc=0.1494618* CNY100,000=14,948.18
(Rate: 1.00 CNY = 0.1494618 CHF May 15, 2016 02:54 UTC) iii). Singapore$=0.2101989* CNY100,000=21,019.89 (Rate: 1.00 CNY = 0.2101989 SGD May 15, 2016 02:55 UTC) iv). Argentine Peso=2.175745* CNY100,000=217,574.50 (Rate: 1.00 CNY = 2.175745 ARS May 15 2016 02:56 UTC)

Answer 3 a. Russian ruble/euro cross rate=1/(1.3214*30.96)=0.0244 b. Russian rubles=15,000 euros/0.0244=614,754.0984

Answer 4 a. Yen/Ruble cross rate=30.96/84.02=0.3685 b. Yen=450,000/0.3685=1,221,166.89

Answer 5 a. Percentage change in January=(1950-1400)/1400=39.29% decreased b. Forecast value for June 2003=1950*(1+40%)=2730

Answer 6 Mexican peso/euro cross

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