Question: #4 Look at the table below and answer the following questions: a. Compute the U.S. dollar - rupee exchange rate ($/yen) and the U.S. dollar


#4 Look at the table below and answer the following questions: a. Compute the U.S. dollar - rupee exchange rate ($/yen) and the U.S. dollar - Mexican peso exchange rate (US$/peso) on June 25 2010 and June 25 2009 b. What happened to the value of the U.S. dollar relative to the Indian rupee and Mexican peso between June 25, 2009 and June 25, 2010? Compute the percentage change in the value of the U.S. dollar relative to each currency. c. Using the information in the table for June 25, 2010, compute the Danish krone - Swedish krona exchange rate (krone/krona) June 25, 2010 June 25, 2009 Country (currency) FX per $ FX per f FX per e FX per $ Australia (dollar) 1.152 1.721 1.417 1.225 Canada (dollar) 1.037 1.559 1.283 1.084 Denmark (kaone} 6.036 9.045 7.443 5.238 Euro 0.811 1.215 1.000 0.703 Hong Kong 7.779 . . . ... 11.643 9.583 7.750 (dollar) India (rupee) 46.36 69.476 57.179 48.16 Japan (yen) 89.35 134.048 110.308 94.86 Mexico (peso) 12.697 18.993 15.631 13.22 Sweden (krona) 7.74 11.632 9.577 7.460 United Kingdom 0.657 1.000 0.822 0.609 (pound) United States 1,000 1.496 1.232 1.000
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