Question: Use the table given below and answer the following questions: 1. How many Euros are needed to purchase US 52,578.000.00? 2. in the previous exchange.

Use the table given below and answer the following questions:

1. How many Euros are needed to purchase US 52,578.000.00?

2. in the previous exchange. Which is the quoted currency, and which is the base currency?

3. Is this a direct or an indirect quote on the U.S. dollar in European terms?

4. Is this a direct or an indirect quote on the U.S. dollar in U.S. terms?

Country, currency Colombia, peso Hong Kong, dollar Japan, yen 3-mos forward Norway,

Country, currency Colombia, peso Hong Kong, dollar Japan, yen 3-mos forward Norway, krone Euro area, euro UK pound In US$ - Fri. - .0003874 .1290 010747 .010769 .1472 1.2837 1.4426 Per US$ 2581.31 7.7536 93.05 92.86 6.7935 .7790 .6932 U.S. $ vs. YTD chg. (%) 14.8 Unch 2.6 2.6 -2.3 8.8 1.2

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