Question: please explain 1. (5 points) This is the Bloomberg quote chart for the Argentine Peso (ARS) for the last 12 months. The ARS traded at:

 please explain 1. (5 points) This is the Bloomberg quote chart please explain

1. (5 points) This is the Bloomberg quote chart for the Argentine Peso (ARS) for the last 12 months. The ARS traded at: ARS 37.4886/US$ on 1/16/2019; ARS 45.9000/US$ on 4/16/2019; ARS 41.5925/US$ on 7/12/2019; and ARS 59.9800/US$ on 1/16/2020. Based on this data, please answer the questions: 59.9800 +0.0266 +0.04% M YTD TY SY MICE CHART Add a comparison 01/16 60.0000 55.0000 90.0000 45.000 40.0000 Bloomberg Markets a. (1) Bloomberg is providing the European quote for the ARS. What would be the corresponding American quote (4 decimals) for the ARS on 1/16/2020? b. Calculate by how much did the ARS moved between the following dates, adding if this is an appreciation or depreciation of the ARS (2 points) Between 1/16/2019 and 4/16/2019, the ARS (2 decimals) by % ii. (2 points) Between 4/16/2019 and 7/12/2019, the ARS by % 1. (5 points) This is the Bloomberg quote chart for the Argentine Peso (ARS) for the last 12 months. The ARS traded at: ARS 37.4886/US$ on 1/16/2019; ARS 45.9000/US$ on 4/16/2019; ARS 41.5925/US$ on 7/12/2019; and ARS 59.9800/US$ on 1/16/2020. Based on this data, please answer the questions: 59.9800 +0.0266 +0.04% M YTD TY SY MICE CHART Add a comparison 01/16 60.0000 55.0000 90.0000 45.000 40.0000 Bloomberg Markets a. (1) Bloomberg is providing the European quote for the ARS. What would be the corresponding American quote (4 decimals) for the ARS on 1/16/2020? b. Calculate by how much did the ARS moved between the following dates, adding if this is an appreciation or depreciation of the ARS (2 points) Between 1/16/2019 and 4/16/2019, the ARS (2 decimals) by % ii. (2 points) Between 4/16/2019 and 7/12/2019, the ARS by %

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