Question: Paris to Moscow. On your summer study abroad program in Europe you stay an extra two weeks to travel from Pans to Moscow You leave
Paris to Moscow. On your summer study abroad program in Europe you stay an extra two weeks to travel from Pans to Moscow You leave Parts with 2.000 euros (for EUR) in your belt pack. Wanting to exchange all of these for Russian rubles (R or RUB), you obtain the following quotes Spot rate USD-1.00 EUR (or $x) 1.1187 61.17 Spot rate RUB-1.00 USD (or R$) a. What is the Russian ruble to ouro cross rate? b. How many Russian rubles will you obtain for your euros? CHIL a. The Russian ruble to ouro cross rate is R. (Round to four decimal places) b. The amount of Russian rubles you will obtain for your euros is R (Round to the nearest whole number)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
