How many polish zlotys can you get

Assignment Help Financial Management

Reference no: EM132041771

Question

Use the information below to answer the following questions. (Enter your answer as directed, but do not round intermediate calculations.)

	U.S. $ EQUIVALENT	CURRENCY PER U.S. $
Polish Zloty	.3159	3.1656
Euro	1.3187	.7583
Mexican Peso	.0768	13.0285
Swiss Franc	1.0974	.9112
Chilean Peso	.002073	482.30
New Zealand Dollar	.8278	1.2080
Singapore Dollar	.7974	1.2541

Requirement 1:
If you have $100, how many Polish zlotys can you get? (Do not include the Polish zlotys sign (Z). Round your answer to 2 decimal places (e.g., 32.16).)

Amount Z

Requirement 2:
How much is one euro worth in U.S. dollars? (Round your answer to 4 decimal places (e.g., 32.1616).)

Worth of one euro $

Requirement 3:
If you have 5 million euros, how many U.S. dollars do you have? (Enter your answer in dollars, not millions of dollars (e.g., 1,234,567). Round your answer to the nearest whole dollar amount (e.g., 1,234,567).)

Amount $

Requirement 4:
Which is worth more, a New Zealand dollar or a Singapore dollar?
Singapore dollarNew Zealand dollar

Requirement 5:

Which is worth more, a Mexican peso or a Chilean peso?
Chilean pesoMexican peso

Requirement 6:

(a) How many Swiss francs can you get for a euro? (Round your answer to 4 decimal places. (e.g., 32.1616).)

Amount SF/€
(b) What do you call this rate?
Cross rateSpot rateForward rate

Reference no: EM132041771

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