answer and explain/ workout problem please

17. Assume that the bank's quotations for bid and ask prices for the Mexican peso is $0.0512 - 98. If you have Mexican pesos, what is the amount of pesos (P) that you need to purchase $100,000? a. P 775,194 b. P 793,651 C. P 1,672,241 d. P 1,953,125 100.000 19. Assume that Live Co has expected cash flows of $100,000 from domestic operations, 300,000 Swiss franes from Swiss operations, and 100,000 euros from Italian 361440 operations at the end of the year. The exchange rates are expected to be SF1.2048/S and Co.7752/5 at the end of this year. What are the expected dollar cash flows of Live Co? 77520 a $417,000 b. $478.000 CS560,000 d. $590,440 20. If the $/ bid and ask prices are $160/C and 51.70/6, respectively, the corresponding /S bid and ask prices are respectively a. 60.625/S and CO. 5882/S. b. $1.7/ and $16/ c. 0.5882/5 and 60.625/S. d. cannot be determined with the information given. . . . . 21. Find the balance on current account using the following information: U.S. merchandise exports were $1,510.3 billion 15103 2272.9 U.S. merchandise imports were $2,272.9 billion 750.3 458.7 U.S. service exports were $750.9 billion 668.5 782.9 U.S service imports were $488.7 billion 19. 273.6 U.S. residents paid out $600.5 billion to foreigners as factor income 2498.3 3618. U.S. residents received $782.9 billion from foreigners as factor income U.S. received grant from foreign country: $128.6 billion U.S. gave foreign aid to another country: $273.6 billion a. Credits: $463 billion b. Debits: $463 billion c. Credits: $173 billion d. Debit: $173 billion . 2 3 2 63.9 3544.5 . . 22. Compute "statistical discrepancies": Balance on Current Account: $100 Credit Balance on Capital Account: $20 Credit Balance on Financial Account: $80 Debit a. Credits: $40 b. Debits: $40 c. Credits: $0 d. Debits: $0 24. You want to buy 500,000. How much will you spend in $? Bank Quotations British pounds Euros US$ Bid Ask $1.9712/ $1.9717/ $1.4738/ $1.4742/ a. $253,588 b. $253,653 C. $985,600 d. $985,850