#9 please .Assume that the baik S bid qute of Mexican peso is $0.0543 and ask pr
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#9 please
.Assume that the baik S bid qute of Mexican peso is $0.0543 and ask price is $0.0552. How m many pesos do you need to purchase $100,000? Suppose you are traveling to Japan for a vacation. You wish to convert $10,000 into yen. When you arrive at the currency exchange, you observe the following: S e/s)-101.752 S(S)-104.2562 How many yen do you available when you travel? What is the bid-ask spread (%)? 6. 7. A bank is quoting the following exchange rates: INR/S-72.45 BRL/S-4.0877 8. The value of the euro today is $1.1596. Last year, the value of the euro was $1.2036. Therefore, the euro 9. The USD appreciated by 1% relative to the Canadian dollar in the last A Brazilian firm asks the bank for an INR/BRL quote. What cross-rate would the bank quote? has by% relative to the US dollar in the last year. month. If the initial value of the USD was 1.3059, what is its value today? 10. Recently, Bloomberg reported that the Indian rupee has been "roughed up" as fears regarding the currencies of Argentina and Turkey spread to other emerging economies like India. Model this statement using the graphical tools employed in class. Be sure to explain why you shift curves. a. b. In addition, Bloomberg reported that the government is intervening in the currency market when necessary. Show graphically what the government would need to do to engage in successful direct intervention.Explanation / Answer
The initial value of USD in comparison to CAD = 1.3059
USD appreciated by 1% -
= 1.3059 + 1%
= 1.3190
Value of USD today = 1.3190
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