The data for Study Problems 16-1 through 16-6 are given in the following table: 16-2. (Spot exchange rates) An American business needs to pay (a) 10,000 Canadian dollars, (b) 2 million yen, and (c) 50,000 Swiss francs to businesses abroad. What are the dollar payments to the respective countries? 16-4. (Indirect quotes) Compute the indirect quote for the spot and forward Canadian dollar, yen, and Swiss franc contracts. 16-6. (Cross rates) Compute the Canadian dollar/yen and the yen/Swiss franc spot rates from the data in the preceding table. 16-11. (Interest rate parity) Suppose 90-day investments in Europe have a 5 percent annualized return and a 1.25 percent quarterly (90-day) return. In the United States, 90-day investments of similar risk have a 7 percent annualized return and a 1.75 percent quarterly return. In today's 90-day forward market, 1 euro equals $1.32. If interest rate parity holds, what is the spot exchange rate ($/) ? 16-12. (Purchasing-power parity) Let's assume 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