Questions can be found in the file attached. This assignment is due in 3 hours. Thank you

Chapter 16: International Business Finance Bonus Assignment (5 points) 1. An American business needs to pay (a) 10,000 Canadian dollars, (b) 2 million yen, and (c) 50,000 Swiss francs to businesses abroad. The Spot rate are Country $/Foreign Currency Canada-Dollar .8437 Japan-Yen .004684 Switzerland-franc .5139 What are the dollar payments to the respective countries? 2. Suppose the exchange rate between U.S. dollars and Japanese yen is $1 US= 79.1 JPY, and the exchange rate between the U.S. dollar and the British pound is $1 US = 0.64 GBP. What is the cross rate of Japanese yen to British pounds? (In other words, how many yen are needed to purchase 1 pound?) 3. Suppose 1 year ago, Miller Company had inventory in Britain valued at 1.5 million Swiss francs. The exchange rate for dollars to Swiss francs was 1 franc=1.15 dollars. Today, the exchange rate is 1 Swiss franc=1.06 U.S. dollars. The inventory in Switzerland is still valued at 1.5 million francs. What is the U.S. dollar gain or loss in inventory value as a result of the change in exchange rates? 4. Suppose 90-day investments in Europe have a 5% annualized return and a 1.25% quarterly (90day) return. In the United States, 90-day investments of similar risk have a 7% annualized return and a 1.75% quarterly return. In today's 90-day forward market, 1 euro equals $1.32. If interest rate parity holds, what is the spot exchange rate ($/)? 5. A McDonald's Big Mac costs 2.44 yuan in China, but costs $4.20 in the United States. Assuming that purchasing-power parity (PPP) holds, how many Chinese yuan are required to purchase 1 U.S. dollar