Exchange Rates Nov 7, Nov 7, Dec 4, Dec 16, Dec 24, Jan 16, 2013 2014...

 

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Exchange Rates Nov 7, Nov 7, Dec 4, Dec 16, Dec 24, Jan 16, 2013 2014 2014 2014 2014 2015 Russian rubles per Swiss 35.286 48.252 56.249 70.285 55.362 76.639 franc Russian rubles per U.S. 32.408 46.730 54.416 67.509 54.619 65.071 dollar U.S. dollars per Swiss franc 1.0888 1.0326 1.0337 1.0411 1.0136 1.1778 9.8 Mikhail's Dilemma. Mikhail Khodorkovsky was one of the infamous Russian oligarchs, accumulating billions of dollars in wealth in the mid-1990s with the fall of the Soviet Union. But in 2003 he had been imprisoned by the Russian state for a decade. Upon his release from prison in 2013, he had taken up residence in Switzerland-with his money. In November 2014 Mikhail held a portfolio of USD 200 million and CHF 150 million in Swiss banks, in addition to accounts in Russia still holding RUB 1.2 billion. Using the exchange rate table, answer the following: a. What is the value of Mikhail's portfolio as measured in Russian rubles? b. What is the value of Mikhail's portfolio as measured in Swiss francs? c. What is the value of Mikhail's portfolio as measured in U.S. dollars? d. Which currency demonstrated the greatest fluctuations in total value over the six dates? Exchange Rates Nov 7, Nov 7, Dec 4, Dec 16, Dec 24, Jan 16, 2013 2014 2014 2014 2014 2015 Russian rubles per Swiss 35.286 48.252 56.249 70.285 55.362 76.639 franc Russian rubles per U.S. 32.408 46.730 54.416 67.509 54.619 65.071 dollar U.S. dollars per Swiss franc 1.0888 1.0326 1.0337 1.0411 1.0136 1.1778 9.8 Mikhail's Dilemma. Mikhail Khodorkovsky was one of the infamous Russian oligarchs, accumulating billions of dollars in wealth in the mid-1990s with the fall of the Soviet Union. But in 2003 he had been imprisoned by the Russian state for a decade. Upon his release from prison in 2013, he had taken up residence in Switzerland-with his money. In November 2014 Mikhail held a portfolio of USD 200 million and CHF 150 million in Swiss banks, in addition to accounts in Russia still holding RUB 1.2 billion. Using the exchange rate table, answer the following: a. What is the value of Mikhail's portfolio as measured in Russian rubles? b. What is the value of Mikhail's portfolio as measured in Swiss francs? c. What is the value of Mikhail's portfolio as measured in U.S. dollars? d. Which currency demonstrated the greatest fluctuations in total value over the six dates?