Referring to exchange rate quotations provided in the Wall Street Journal (Exhibit 5. 5) for the Brazilian
Question:
Referring to exchange rate quotations provided in the Wall Street Journal (Exhibit 5. 5) for the Brazilian real and the Thai baht, compute the crossrate price of one Brazilian real in Thai baht terms.
Data from Exhibit 5. 5
Transcribed Image Text:
EXHIBIT 5.5 U.S. Dollar Foreign Exchange Rates in Late New York Trading for October 29, 2011 Country/Currency In US$ Per US$ YTD Chg (%) Americas Argentina peso* 0.2525 3.9604 4.2 Brazil real 0.5930 1.6863 -3.3 Canada dollar 0.9802 1.0202 -3.0 1-mos forward 0.9795 1.0209 -2.9 3-mos forward 0.9780 1.0225 -2.7 6-mos forward 0.9758 1.0248 -2.5 Chile peso 0.002079 481.00 -5.2 Colombia peso 0.0005563 1,797.59 -12.0 Ecuador U.S. dollar 1 1 Unch Mexico peso* 0.0798 12.5376 -4.1 Peru new sol 0.3585 2.789 -3.5 Uruguay peso 0.04940 20.24 3.6 Venezuela b. fuerte 0.232851 4.2946 100.0 Asia-Pacific
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Related Book For
International Corporate Finance Value Creation With Currency Derivatives In Global Capital Markets
ISBN: 9781119550464
2nd Edition
Authors: Laurent L. Jacque
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