How many us dollars are needed to purchase swiss francs

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1. In New York, you can exchange $1 for €0.8569 or £0.6727. Suppose that, in Berlin, £1 costs €1.2573. How much profit can you earn on $47,485 using triangle arbitrage? 

2. The exchange rate is 1.1033 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 2,508 Swiss francs?

3. You just returned from a trip to Venezuela and have 5,718 bolivares fuertes in your pocket. How many dollars will you receive when you exchange this money if the U.S.dollar equivalent of the bolivares fuertes is 0.1481?

4. Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $6,260. What is the cost to her in euros if the U.S. dollar equivalent of the euro is 1.2271? 

5. Suppose it takes 1.22 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 15% against the pound over the next 30 days. What is the Euro/US Dollar exchange rate in 30 days? That is, how many euros can 1 dollar buy in 30 days?

6. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.3717 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.0815 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)?

7. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.3084 = $1.00 and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.1074 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)?

8. Suppose it takes 1.14 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 17% against the pound over the next 30 days. What is the U.S. dollar/Euro exchange rate in 30 days?

9. You can exchange $1 for either C$1.1903 or ¥131.7. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for ¥ per C$.

10.  Suppose one U.S. dollar can purchase 139 yen today. If the yen depreciates by 14% tomorrow, how many yen could one U.S. dollar buy tomorrow?

Reference no: EM13808466

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