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# Refer to table 51 the current spot rate of dollars

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95) Refer to Table 5.1. The current spot rate of dollars per pound as quoted in a newspaper is ________ or ________. A) \$1.4481/£; £0.6906/\$ B) \$1.4484/£; £0.6904/\$ C) £1.4487/\$; \$0.6903/£ D) £1.4484/\$; \$0.6904/£ 96) Refer to Table 5.1. The one - month forward bid price for dollars as denominated in Japanese yen is: 97) Refer to Table 5.1. The ask price for the two - year swap for a British pound is: 98) Refer to Table 5.1. According to the information provided in the table, the 6 - month yen is selling at a forward ________ of approximately ________ per annum. (Use the mid rates to make your calculations.) 99) Given the following exchange rates, which of the multiple - choice choices represents a potentially profitable intermarket arbitrage opportunity? ¥129.87/\$ €1.1226/\$ €0.00864/¥ A) \$0.8908/€ B) \$0.0077/¥ C) ¥114.96/€ D) ¥115.69/€ 16

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100) The U.S. dollar suddenly changes in value against the euro moving from an exchange rate of 0.8909/€ to \$0.8709/€. Thus, the dollar has ________ by ________. 101) A German firm is attempting to determine the euro/pound exchange rate and has the following exchange rate information: USD/pound = \$1.5509/£ and the USD/euro rate = \$1.2194/€. Therefore, the euro/pound rate must be: 102) If an identical product can be sold in two different markets, and no restrictions exist on the sale or transportation of product between markets, the product's price should be the same in both markets. This is known as: 103) The Economist publishes annually the "Big Mac Index" by which they compare the prices of the McDonald's Corporation's Big Mac hamburger around the world. The index estimates the exchange rates for currencies based on the assumption that the burgers in question are the same across the world and therefore, the price should be the same. If a Big Mac costs \$2.54 in the United States and 294 yen in Japan, what is the estimated exchange rate of yen per dollar as hypothesized by the Hamburger index? A) ¥115.75/\$ 294/2.54 B) ¥124/\$ C) \$0.0081/¥ D) \$0.0086/¥ 104) If the current exchange rate is 113 Japanese yen per U.S. dollar, the price of a Big Mac hamburger in the United States is \$3.41, and the price of a Big Mac hamburger in Japan is 280 yen, then other things equal, the Big Mac hamburger in Japan is:
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