6.- A foreign investor wants to sell CHF against USD (selling CHF and buying USD). At what price can lead to this if the price of USDCHF provided by the bank is 1.2020/1.2028?. a) 1.2028. b) 1.2020. c) 1.2024. d) 1.2000. 7.- You are considering a trip to Japan. If you need to exchange 6.000 Euros for Japanese yen, how many yen will receive if markets conditions at this time are: EURJPY 165.30 / 165.45 a) 36.30 Japanese yen. b) 36.26 Japanese yen. c) 991,800 Japanese yen. d) 992,700 Japanese yen. 9.- Which amount of USD will receive an investor interested in selling 1,500,000 Danish Kroner (DKK) if the bank is quoting for USDDKK the following rates. Bid

7.3525

Ask

7.3640

a) 204,012 USD. b) 203,693 USD. c) 11,046,000 USD. d) Nothing of the above is correct. 8.- A client of our bank office has just returned from a trip to South Africa. He has forgotten to exchange 2,455 South African rand and asks how many Euros are equivalent to that quantity. If EURUSD exchange rate is 1.3235 and the USDZAR is 9.48, the approximate amount of euros to receive is: a) Approximately 259 Euros. b) Approximately 196 Euros. c) Approximately 343 Euros. d) Approximately 1,758 Euros. a) 204,012 USD. b) 203,693 USD. c) 11,046,000 USD. d) Nothing of the above is correct. 10.- If spot exchange rate for EURCAD trades at 1.5326 and interest rates for six months are at 3.50% in the Eurozone and in 5.50% in Canada, we can say that the exchange rate to 6 months forward EURCAD will be approximately: a) EURCAD 1.5176. b) EURCAD 1.5622. c) EURCAD 1.5476. d) EURCAD 1.5035.