Question

Chantal DuBois in Brussels. Chantal DuBois lives in Brussels. She can buy a U.S. dollar for 0.7581 Christopher Keller, living in New York City, can buy a euro for $1.3189 What is the foreign exchange rate between the dollar and the euro? The foreign exchange rate between the dollar and the euro in Brussels is S places.) e (Round to four decimal
0 0
Add a comment Improve this question Transcribed image text
Answer #1

please provide rating...

Euro value = $1.3189
Therefore Dollar and euro in Brussels is = 1/1.3189 $0.7582
correct answer = $0.7582 /euro
Add a comment
Know the answer?
Add Answer to:
Chantal DuBois in Brussels. Chantal DuBois lives in Brussels. She can buy a U.S. dollar for...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Suppose the exchange rate between the Danish krone and the U.S. dollar is 14 DKK =...

    Suppose the exchange rate between the Danish krone and the U.S. dollar is 14 DKK = $1 and the exchange rate between the Chilean peso and the U.S. dollar is 220 CLP = $1. The exchange rate between the U.S. dollar and the Danish krone in terms of dollars per krone is $ (Round your response to four decimal places.) The exchange rate between the U.S. dollar and the Chilean peso in terms of dollars per peso is $ ....

  • Question 82 To appreciate the U.S. dollar against the Mexican peso, in the foreign exchange market...

    Question 82 To appreciate the U.S. dollar against the Mexican peso, in the foreign exchange market the Fed could dollars and pesos Not yet answered Points out of 1.00 Remove flag Select one: A. selt, sell O B. selt;buy C. buy, sell D. buy, buy E. None of the above answers is correct because the Fed cannot affect the US exchange rate. If the exchange rate changes from 15 euros per dollar to 10 euro per dollar, the euro has...

  • Consider the data in the table below: Nominal Exchange Rates for the U.S. Dollar Country Foreign...

    Consider the data in the table below: Nominal Exchange Rates for the U.S. Dollar Country Foreign currency/U.S. dollar U.S. dollars/foreign currency United Kingdom (pound) 0.641 1.559 Canada (Canadian dollar) 1.008 0.992 Mexico (peso) 12.39 0.081 Japan (yen) 83.338 0.012 European Union (euro) 0.756 1.322 a. Calculate the nominal exchange rate between the Mexican peso and the Japanese yen. Express in two ways. Instructions: Enter your responses rounded to three decimal places. One peso = ___ yen One yen = ___...

  • The spot rate between the U.S. dollar and the New Zealand dollar is $1 = NZD1.1867....

    The spot rate between the U.S. dollar and the New Zealand dollar is $1 = NZD1.1867. Assume the interest rate in the United States is 5 percent and in New Zealand is 4 percent. What should be the 3-month forward exchange rate? (Do not round intermediate calculations. Round your answer to 4 decimal places.) Forward exchange rate per NZD

  • The spot rate between the U.S. dollar and the New Zealand dollar is $1 NZD1.3378. Assume...

    The spot rate between the U.S. dollar and the New Zealand dollar is $1 NZD1.3378. Assume the interest rate in the United States is 8 percent and in New Zealand is 4 percent. What should be the 3-month forward exchange rate? (Do not round intermediate calculations. Round your answer to 4 decimal places.) Forward exchange rate per NZD

  • The spot rate between the U.S. dollar and the New Zealand dollar is $1 = NZD1.3362....

    The spot rate between the U.S. dollar and the New Zealand dollar is $1 = NZD1.3362. Assume the interest rate in the United States is 8 percent and in New Zealand is 4 percent. What should be the 3-month forward exchange rate? (Do not round intermediate calculations. Round your answer to 4 decimal places.)

  • Exercises on Foreign Exchange Mechanics Exchange Rates: New York Closing Snapshot Direct Quote ($/FC) Euro $1.3821/Euro...

    Exercises on Foreign Exchange Mechanics Exchange Rates: New York Closing Snapshot Direct Quote ($/FC) Euro $1.3821/Euro Hungary forint $0.005749/Forint Poland zloty $0.4125/Zloyt Q1 The foreign exchange rates from WSJ are given above. Answer the following questions: a. You are going to Germany for vacation and your budget is $5,000. How many euros can you buy with $5,000? b. How many U.S. dollars can you buy with euro 5,000 c. How many zlotys can you buy with U.S. $1? d.        ...

  • Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.3406 = $1.00, and...

    Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.3406 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.153 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)? Enter your answer rounded off to FOUR decimal points.

  • Suppose the exchange rate between U.S. dollars and Swiss francs is SF 0.9704 = $1.00, and...

    Suppose the exchange rate between U.S. dollars and Swiss francs is SF 0.9704 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9938 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)? Enter your answer rounded off to FOUR decimal points.

  • You are a U.S.-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as...

    You are a U.S.-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as $1.40 = €1.00 and the dollar-pound exchange rate is quoted at $1.65 = £1.00. If a bank quotes you a cross rate of £1.00 = €1.20, how much money can an astute trader make? Be sure to keep four decimal points when computing currency rates. Be sure to calculate the intrinsic value of the British Pound and based on your calculation, determine whether British...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT