12. The table below shows the number of Australian dollars, Hong Kong dollars and the Thai Baht buying a unit of the Euro and a unitof the US dollar. Using the information and the concept of cross rates, calculatei. the number of the Thai Baht which will be needed tobuy supplies from Australia costing AU$ 50,000. ii. The number of Euros needed to buy one US dollar AU Dollar Hong Kong $ThaiBahtEuro 1.00 EUR1.678.2638.36US Dollar 1.00 US$1.587.8236.35

Answers: To calculate the number of Thai Baht needed to buy supplies from Australia costing…

Answered: 12. The table below shows the number of…

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter27: Multinational Financial Management

Section: Chapter Questions

Problem 4P: If euros sell for 1.50 (U.S.) per euro, what should dollars sell for in euros per dollar?

See similar textbooks

Similar questions

If euros sell for $1.71 (U.S.) per euro, what should dollars sell for in euros per dollar? Round your answer to four decimal places. euros per dollar
You often travel to Australia and you need to exchange Australian dollars. Your bank provides the following quotes: Currency Bid Ask Australian Dollar (AUD) 0.65 USD/AUD 0.70 USD/AUD If you want to buy 1,000 AUD, how much is the USD cost? (Pick the closest answer) A.650 USD B.1538 USD C.700 USD D.1428 USD
Use the information below to answer the questions that follow. Japanese yen Japanese yen 6 month Australian dollar Australian dollar 3 month U.S. $ EQUIVALENT .00916 .00899 .7748 .7751 a. Yen b. Australian dollar c. Dollar relative to yen d. Dollar relative to A$ CURRENCY PER U.S. $ 109.20 111.21 1.2907 1.2902 a. Is the yen selling at a premium or a discount? b. Is the Australian dollar selling at a premium or a discount? c. Do you expect the value of the dollar to increase or decrease relative to the value of the yen? d. Do you expect the value of the dollar to increase or decrease relative to the value of the Australian dollar?
Manshukh
Suppose a bank provides the following quotes: Bid 1.2567 CAD per U.S. Dollar and Ask 1.2682 CAD per U.S. Dollar Suppose you would like to buy Canadian Dollars and sell U.S. Dollars. Given the quotes above, what rate would you receive? Group of answer choices 0.0115 CAD per USD 2.5249 CAD per USD 1.2682 CAD per USD 1.2567 CAD per USD
Pls help with below homework.
Suppose that the quote for Euro is 1.1120-44/EUR. If you want to buy 259, which of the following is closest to that amount of Euros that you will need to pay? O a. EUR 232.41 O b. EUR 288.32 O. EUR 232.91 O d. EUR 288.01 O e. EUR 288.63
Use the information below to answer the questions that follow. U.S. $ EQUIVALENT CURRENCY PER U.S. $ Poland zloty 0.2686 3.723 Jordan dinar 1.4104 0.709 Bahrain dinar 2.6525 0.377 New Zealand dollar 0.6414 1.5591 Australia dollar 0.7002 1.4282 If you have $4, how many Poland zlotys can you get? How much is one Poland zloty worth? If you have 4 million Poland zlotys, how many dollars do you have? How many Jordan dinars can you get for a Poland zloty? What is the rate of the most valuable currency listed? What is the rate of the least valuable currency listed?
1. Assume that you can buy 250 Canadian dollars with 100 British pounds and you have 100 British pounds. The following exchange rates are available.Country U.S. $ Equivalent Currency per U.S. $Canada ? 1.3500U.K 1.8305 ? Complete the table above and compute how much profit, if at all, you can earn with triangle arbitrage? b) Assume the current spot rate is C$1.2103 and the one-year forward rate is C$1.1925. The nominal risk-free rate in Canada is 3 percent while it is 4 percent in the U.S. At what Canadian interest rate, there will be no possibility forprofitable arbitrage?
Assume Singapore dollars (SGD) is worth RM3.1422 and the Great Britain pound (GBP) is worth RM5.5739. What is the cross rate of the SGD with respect to GBP? That is, how many GBP equal a SGD? * A) SGD0.5637/GBP B) GBP0.5637/SGD C) SGD3.1422/GBP D) SDG5.5739/GBP
Given the information below, what is the cross-rate of the Singapore dollar in euros (i.e., Euros /Singapore dollar? Enter your answer with two decimals. Singapore dollar in US dollars (USD/SGD) 0.73 Euro in US dollars (USD/EUR) 1.26 Singapore dollar in euros (EUR/SGD) 0.65
how to solve this?

SEE MORE QUESTIONS

Recommended textbooks for you

Intermediate Financial Management (MindTap Course…

Finance

ISBN:

9781337395083

Author:

Eugene F. Brigham, Phillip R. Daves

Publisher:

Cengage Learning

International Financial Management

Finance

ISBN:

9780357130698

Author:

Madura

Publisher:

Cengage

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Intermediate Financial Management (MindTap Course…

Finance

ISBN:

9781337395083

Author:

Eugene F. Brigham, Phillip R. Daves

Publisher:

Cengage Learning

International Financial Management

Finance

ISBN:

9780357130698

Author:

Madura

Publisher:

Cengage

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

SEE MORE TEXTBOOKS