QUESTION 2

1. Use the following chart to answer the next two questions.

   3/15	3/16	3/17
   .92/$	$1.12/	.95/$
   100/$	$.0056/	$.002/
   1.25/$	/$.75	$.80/

   How many euros would you receive for 100,000 pounds on 3/16? Round intermediate steps to four decimals and your final answer to two decimals. Do not use currency symbols or words when entering your response.

QUESTION 3

1. Suppose you convert 200,000 euros into yen on 3/15. On 3/16, you convert your yen into pounds. Finally, on 3/17, you convert your pounds into dollars. How many dollars will you end up with on 3/17? Round intermediate steps to four decimals and your final answer to two decimals.

   		3,040,000,000
   		84,210.53
   		76,002.28
   		81,357.36

QUESTION 4

1. Use the following information to answer the next two questions.

   Suppose the spot quotes for the Mexican pesos and pounds are $.125258 and $1.05562, respectively. What is the ask quote for pounds in terms of pesos? Round intermediate calculations to four decimal places.

   		8.4420
   		8.4265
   		8.4824
   		8.3125

QUESTION 5

1. Find the bid quote for pounds in terms of pesos. Round intermediate steps and your final answer to four decimals. Do not use non-numeric characters when entering your answer.

QUESTION 6

1. XYZ bank is quoting for the Swiss franc at $1.025-34. Find the percentage bid-ask spread.

   		.0087
   		.0088
   		.0090
   		.0095

QUESTION 7

1. Suppose the quote for francs in terms of euros is .766575. Then quote for euros in terms of francs is:

   		CHF1.314551
   		CHF1.3029-46
   		CHF1.2347.52
   		CHF1.311050

QUESTION 8

1. The yen is quoted at Y125/$ and the Swiss franc is worth $.59/CHF. Find the value of the franc in terms of yen.

   		73.75
   		.0136
   		211.86
   		.0264

QUESTION 9

1. Use the following table to answer the next two questions.

   	In Terms of USD
   Country	Bid	Ask
   Canada	$.9225	$.9265
   Euro	$1.45	$1.48

   What is the ask quote for Canadian dollars in terms of euros?

   		.639
   		.6233
   		.6362
   		1.34

QUESTION 10

1. What is the ask quote for euros in terms of Canadian dollars?

   		1.5326
   		1.565
   		1.6043
   		.6233

QUESTION 11

1. A dealer quotes the euro at $1.1345-55 and the peso at $.1056-61. How many euros would you receive in exchange for 50,000 pesos? Round intermediate steps to four decimals and your final answer to nearest whole euro. Do not use non-numerical characters when entering your answer.

Please only answer if you are 100% sure...