Question: Table 19.1 lists foreign exchange rates for August 3, 2011. On that day, how many dollars would be required to purchase 1,000 units of each

Table 19.1 lists foreign exchange rates for August 3, 2011. On that day, how many dollars would be required to purchase 1,000 units of each of the following: British pounds, Canadian dollars, EMU euros, Japanese yen, Mexican pesos, and Swedish kronas?

Table 19.1

Sample Exchange Rates: Wednesday, August 3, 2011 Direct Quotation: U.S. Dollars Required to Buy One Unit of Foreign Currency Indirect Quotation: Number of Units of Forgn Currency pr US. Do llar $1.0756 Australian dollar Brazilian real British paund Canadian dollar Chinese yuan Danish krone 09297 15662 06088 09622 64392 0.6385 1.6426 1.0392 0.1553 0.1923 1.4323 0.00527 0.2887 0.01297774 0.0846 0.1488 0.1577 1.2983 06982 8975 Hungarian forint sraeli shekel Japanese yen Mexican peso South African rand Swedish krona Swiss franc Venezuelan bolivar fuerte 34641 7706 118205 67217 63420 07703 3500

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