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Use the information below to answer the following questions.


U.S. $ EQUIVALENT CURRENCY PER U.S. $
Polish Zloty .2990 3.3446
Euro 1.2395 .8068
Mexican Peso .0752 13.2994
Swiss Franc 1.0309 .9700
Chilean Peso .002071 482.80
New Zealand Dollar .8083 1.2372
Singapore Dollar .8006 1.2490

a. If you have $100, how many Polish zlotys can you get? (Do not include the Polish zlotys sign (Z). Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Amount            Z

b. How much is one euro worth in U.S. dollars? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.)

Dollar value of one euro            $

c. If you have 4.50 million euros, how many dollars do you have? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Amount            $

d. Which is worth more, a New Zealand dollar or a Singapore dollar?

Singapore dollarNew Zealand dollar

e. Which is worth more, a Mexican peso or a Chilean peso?

Mexican pesoChilean peso

f. How many Swiss francs can you get for a euro? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.)

Amount              SF/€

What do you call this rate?
Forward rateSpot rateCross rate

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92878429

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