A customized up-to-date Currency Cross Rate table (in the style of Table 3.2) may be created by using the Web site maintained by the OANDA Corporation. You can find a link to this site from Connect under the Student Resources "Web Links" for Chapter 3. Hold down your Ctrl key while selecting the currencies you want in the table. Then click on "Get My Table."

a. How many more or fewer € will C$10,000 buy today than on the date in Table 3.2?

b. How many more or fewer £ will ¥10,000 buy today than on the date in Table 3.2?

If the necessary exchange rates are not given in problem, use the exchange rates in Table 3.2.

Table 3.2.

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Per C$ Per US$ Per € Per Y Per £ Canadian dollar (C$) 1.3083 1.4446 0.01084 2.0203 U.S. dollar (US$) 0.7644 1.1042 0.008286 1.5442 0.6922 0.9056 0.007504 1.3985 Euro (€) Japaense yen (V) British pound (£) 92.2509 120.6919 133.2657 186.3745 0.4950 0.6476 0.7150 0.005366