Cross rate of 1 peso = 1 peso × ($1 / 12.349 peso) × (€0.7684 / $1) = €0.0622
Cross rate of 1 euro = €1 ÷ €0.0622 per peso = 16.0711 pesos
Given these two exchange rates, $1 = 12.349 Mexican pesos and $1-€0.7684, compute the cross- rate...
Given these two exchange rates, $1 = 12.268 Mexican pesos and $1 = €0.7624, compute the cross-rate between the Mexican peso and the euro. State this exchange rate in pesos and in euros. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Cross-rate of 1 peso Cross-rate of 1 euro pesos
Given these two exchange rates, $1 = 12.354 Mexican pesos and $1 = €0.7759, compute the cross-rate between the Mexican peso and the euro. State this exchange rate in pesos and in euros. (Do not round intermediate calculations. Round your answers to 4 decimal places.)
At today's spot exchange rates 1 U.S. dollar can be exchanged for 10 Mexican pesos or for 110.19 Japanese yen. You have pesos that you would like to exchange for yen. What is the cross rate between the yen and the peso; that is, how many yen would you receive for every peso exchanged? Round your answer to two decimal places.
Cross Rates At today's spot exchange rates 1 U.S. dollar can be exchanged for 12 Mexican pesos or for 110.32 Japanese yen. You have pesos that you would like to exchange for yen. What is the cross rate between the yen and the peso; that is, how many yen would you receive for every peso exchanged? Round your answer to two decimal places.
At today’s spot exchange rates to one US dollar can be exchanged for 12 Mexican pesos or for 111.83 Japanese yen. Your pesos that you would like to exchange for yen. What is the cross rate between the yen and the pesos. That is how many Jan would you receive for every peso exchange?
Suppose we have the following exchange rate quotes: in US$ per US$ Euro area (€) 1.3455 .7432 Mexico (Ps) .0781 12.8113 a. If you have $225, you can get euros. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Use the €/$ exchange rate in your calculation.) b. One euro is worth $ . (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) c. If you...
Suppose we have the following exchange rate quotes: in US$ per US$ Euro area (€) 1.3637 .7333 Mexico (Ps) .0781 12.8025 a. If you have $150, you can get euros. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Use the €/$ exchange rate in your calculation.) b. One euro is worth $ . (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) c. If you...
Use the information below to answer the following questions. 1.2379 Polish Zloty Euro Mexican Peso Swiss Franc Chilean Peso New Zealand Dollar Singapore Dollar U.S. $ EQUIVALENT CURRENCY PER U.S. 2989 3.3456 .8078 0752 13.2993 1.0299 9710 002071 482.80 .8083 1.2371 .8007 1.2489 a. If you have $280, how many Polish zloty can you get? (Do not include the Polish zloty sign (Z). Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How...
a. Gold Is $350 per ounce In the United States and 2.800 pesos per ounce In Mexico. The nominal exchange rate between U.S. dollar and Mexican pesos that is Implled by the PPP theory Is: pesos. b. Mexico experiences Inflation so that the price of gold rises to 4,200 pesos per ounce, whlle the price of gold remalns $350 per ounce In the United States. The nominal exchange rate between U.S. dollars and Mexican pesos that is Implied by the...
Use the information below to answer the following questions. Polish Zloty Euro Mexican Peso Swiss Franc Chilean Peso New Zealand Dollar Singapore Dollar U.S. $ EQUIVALENT CURRENCY PER U.S. 2987 3.3476 1.2349 .8098 .0752 13.2991 1.0277 9730 .002071 482.80 .8085 1.2369 .8008 1.2487 a. If you have $240, how many Polish zloty can you get? (Do not include the Polish zloty sign (Z). Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How...