connect. FINANCE A-32000 FA-QTR-17 Hw_wk 10 a 16 Assessing L-T Debt and Equity C

Question

connect. FINANCE A-32000 FA-QTR-17 Hw_wk 10 a 16 Assessing L-T Debt and Equity Capital Structure, t9 International Finance Question 5 (of 10 3.00 points Convert each of the following direct quotes to dollar indirect quotes a. 1 Danish krone $0.1835 (Round your answer to 3 decimal places) Exchange ratell bone b. 1 Indian nupee- $0.0237 (Round your answer to 3 decimal places) e. 1 Israeli shekel- $0.2802 (Round your answer to 3 decimal places.) Exchange shekel Hints References eBook & Resources tint O Type here to search OFF MC MR M-M CE456-÷ 1 2 3

Explanation / Answer

a. 1 Danish krone = $0.1835

1 US dollar = 1/0.1835

1 US dollar = 5.449 Danish krone

b. 1 Indian rupee = $0.0237

1 US dollar = 1/0.0237

1 US dollar = 42.194 Indian rupee

c. 1 Israeli shekel = $0.2802

1 US dollar = 1/0.2802

1 US dollar = 3.569 Israeli shekel

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