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Moscow to Tokyo. After spending a week in Moscow you get an email from your friend in Japan. He can get you a very good deal on a plane ticket and wants you to meet him in Tokyo next week to continue your post-graduation celebratory trip. You have 440,000 rubles left in your money pouch. In preparation for the trip you want to exchange your Russian rubles for Japanese yen so you get the following quotes: Spot rate on the rubles/dollar exchange rate Rbl30.51/ Spot rate on the yen/dollar exchange rate 84.27/S a. What is the Russian ruble/yen cross rate? b. How many yen will you obtain for your rubles?
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Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

Home nert Page Layout Formulas Data Review View dd-Ins Cut Σ AutoSum ー E ゴWrap Text aCopy в 1 프 . Ej-., Δ. : rーー 逻锂函Merge & Center. $, % , 弼,8 C Conditional Format CeInsert Delete Format Formatting as Table Styles2 Clear Sort &Find & Format Painter Clipboard CQ53 CL Alignment Number Cells Edting CM CN CO CP ca CR CU CW 42 43 CROSS RATE RUBLE/YEN- RUBLE/YEN= RUBLE/YEN- (RbL/S)/(YEN/S) 30.51/84.27 45 46 47 48 49 0.3621 YEN ECEIVE440000/0.36 YEN RECEIVED 1215300 INTERMEDIATE ROUNDING IS NOT DONE) 51 52 53 56 57 58 4 H KE CAPM UTILITY, SH beta bond c future INDEX | INTL CAP BUD SING PV, FV, ANNUITYDIR cleanYIELD bond stru WACCRESI ex d erences: 130 130% 03:02

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