Question 7 10 points Andrei D. won a prize of US$10,000 and decided to go on vacation abroad. He spent SGD5,700 in Singapore and JPY230,000 in Japan. The exchange rates were SGD1- US$0.74 and US$1-JPY106.28. When he returned to the US, he converted the remaining money into Guatemalan Quetzal (GTQ) at the exchange rate USS-GTQ7.70 and donated the money to a Guatemalan non-profit organization. How much, in GTQ did he donate to the non-profit organization? 30.031.37 O29.306.87 28.582.37 27,857.87 O27,133.37

Question 7 10 points Andrei D. won a prize of US$10,000 and decided to go on vacation abroad. He spent SGD5,700 in Singapore and JPY230,000 in Japan. The exchange rates were SGD1- US$0.74 and US$1-JPY106.28. When he returned to the US, he converted the remaining money into Guatemalan Quetzal (GTQ) at the exchange rate USS-GTQ7.70 and donated the money to a Guatemalan non-profit organization. How much, in GTQ did he donate to the non-profit organization? 30.031.37 O29.306.87 28.582.37 27,857.87 O27,133.37

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Give typing answer with explanation and conclusion Stephanie G. has just returned from a long trip to Europe. She started the trip with $6,000 in her pocket. She spent €2,370 traveling throughout euroland, 5,390NKr in Norway, and £1394 in the U.K. The exchange rates were $1 = € .8397, 1NKr = $.1173, and £1 = $1.3878. How many dollars did she have left by the time she returned to the U.S.?
The COVID-19 pandemic is over, and you decide to celebrate by going on a vacation to Japan. The following quotes are provided by a Foreign Exchange (FX) dealer at the airport. BUY SELL YEN (Japan) 71 70 b) upon returning from the Japan, you have 75 000 YEN which you wish to convert back to AUD. How much will you receive? Show workings and a concluding statement in your response.
Good day, How should I resolve this question, please? Your friend from Australia purchased a computer for C$3,900 while visiting you for the holidays, when the exchange rate was C$1 = A$1.0227. If the exchange rate changed to C$1 = A$1.0426, what was the change in value of the computer in Australian dollars?
The Bank of France sells U.S. dollars ($) at a rate of ($1.40)/(€1) and buys U.S. dollars at a rate of ($1.80)/(€1). At the beginning of a trip, Sandra exchanged $420 to get €233.33. At the end of the trip, she is left with €36, so she exchanges the €36 back to U.S. dollars. How many U.S. dollars will Sandra receive in exchange?
Ahmed is an Omani importer. He is expecting to receive a commodity from China within 30 days. The amount to be paid is CHY 1,000,000. What is the risk faced by Mr. Ahmed? OMR depreciates CHY depreciates OMR appreciates OMR/CHY is fixed
a) You just returned from some extensive traveling throughout the Americas. You started your trip with $20,000 in your pocket. You spent 3.4 million pesos while in Chile and 16,500 bolivars in Venezuela. Then on the way home, you spent 47,500 pesos in Mexico. How many dollars did you have left by the time you returned to the U.S. given the following exchange rates? Country Chile Mexico Venezuela U.S. $ Equivalent ? 0.0777 ? Currency per U.S. $ 668.0001 ? 2.1473
The COVID-19 pandemic is over, and you decide to celebrate by going on a vacation to Japan. The following quotes are provided by a Foreign Exchange (FX) dealer at the airport. BUY SELL YEN (Japan) 71 70 a) If you are exchanging 30 000 AUD (Australian Dollars), how many Japanese YEN will you receive? Show workings and a concluding statement in your response.
Your friend from Netherlands is planning to visit you in the United States. You estimate the cost of her trip at $2,565. What is the cost to her in euros if 1 Euro = $1.6584?
Before boarding his flight to Zurich, Switzerland, Ian purchased CHF900 from his bank when the exchange rate was C$1 = CHF0.9753. However, Ian had to cancel the trip. Ian returned to the bank to convert the Swiss currency back into Canadian dollars. If the exchange rate changed to C$1 = CHF0.984, how many Canadian dollars would Ian have lost in these transactions? Assume the bank has a 1.00% commission on both the sale and the purchase of the funds. C Round to the nearest cent Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure
Robert purchased US$10,000 from a bank in America, which charged her a commission of 0.8%, and sold the US dollars to a bank in Canada, which charged her a 0.24% commission. How much money did she lose or gain? Assume that the exchange rate was C$1 = US$0.8993. C$ Round to the nearest cent Answer as positive is there was a gain, and negative if there was a loss 0.00
An Omani businessman has just completed transactions in UAE and Europe. He is now holding 4,000,000 and EUR 500, 000 and wants to convert to U.S. dollars. His currency dealer provides this quotation: EUR/USD 1.2000 - 1.2020 USDIAED 0.2722 - 0.2740 What are his proceeds from both conversion?
Things to do: 1. Solve the problems and explain your answers. а. What is $812.00 Canadian Dollars in U.S. Dollars? ($1 Canadian Dollar $0.76 U.S. Dollar) b. What is $246.20 Canadian Dollars in U.S. Dollars? ($1 Canadian Dollar $0.76 U.S. Dollar) c. What is $31.54 U.S. Dollars in Canadian Dollars? ($1 U.S. Dollar $1.32 Canadian Dollars)

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