StudyAbroad: Paris to Moscow.On your summer study abroad program inEurope, you stay an extra two weeks to travel from Paris to Moscow. You leave Paris with 21,000 euros ( orEUR) in your belt pack. Wanting to exchange all of these for Russian rubles(Rbl orRUB), you obtain the followingquotes:

Spot rate on thedollar/euro exchange rate

$1.1269/

Spot rate on theruble/dollar exchange rate

Rbl 62.15/$

a. What is the Russian ruble to euro crossrate?

b. How many Russian rubles will you obtain for youreuros?

a. What is the Russian ruble to euro crossrate?

The Russianruble/euro cross rate is Rbl ____ (Round to four decimalplaces.)