Refer to Exhibit 7. 2 for futures prices.

a. What is the March 2012 futures price for Australian dollars and Japanese yen?

b. What is the cross-rate for March 2012 Japanese yen price of the Australian dollar futures contract?

Data from Exhibit 7. 2

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EXHIBIT 7.2 Currency Futures Open High Low Settle Change Open Interest Japanese Yen (CME) 12,500,000; $ per 100 Dec. '11 1.3127 1.3226 A 1.3118 1.3175 0.0036 164,397 March '12 1.3152 1.3248 A 1.3152 1.3199 0.0034 701 Canadian Dollar (CME) CAD 100,000; $ per CAD Dec. '11 0.9938 1.0097 0.9924 1.0081 0.0157 115,255 March '12 0.9935 1.0075 0.9904 1.0061 0.0155 3,422 British Pound (CME) 62,500; $ per Dec. '11 1.5956 1.6133 1.5945 1.6106 0.0158 170,555 March '12 1.5971 1.6080 1.5932 1.6090 0.0159 190 Swiss Franc (CME) CHF 125,000; $ per CHF Dec. '11 1.1349 1.1682 1.1342 1.1642 0.0294 25,335 March '12 1.1400 1.1700 1.1374 1.1668 0.0292 624 Australian Dollar (CME) AUD 100,000; $ per AUD Dec. '11 1.0335 1.0687 1.0323 1.0658 0.0335 125,091 March '12 1.0287 1.0569 1.0217 1.0551 0.0329 313 Mexican Peso (CME) MXN 500,000; $ per 10 MXN Dec. '11 0.07428 0.07605 0.07428 0.07580 0.00168 98,335