you have $100, how many euros can you get? (Do r ound your answer to 2 decimal places, e.g., 32.16.) low much is one euro worth in U.S. dollars? (Round you laces, e.g., 32.1616.) you have 5 million euros, how many dollars do you ha ollars, not millions of dollars, rounded to the nearest 234,567.) /hich is worth more, a New Zealand dollar or a Singapo /hich is worth more, a Mexican peso or a Chilean peso

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter27: Multinational Financial Management
Section: Chapter Questions
Problem 4P: If euros sell for 1.50 (U.S.) per euro, what should dollars sell for in euros per dollar?
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Use Figure 21.1 to answer the following questions:
a. If you have $100, how many euros can you get? (Do not include the euros sign, €.
Round your answer to 2 decimal places, e.g., 32.16.)
b. How much is one euro worth in U.S. dollars? (Round your answer to 4 decimal
places, e.g., 32.1616.)
c. If you have 5 million euros, how many dollars do you have? (Enter your answer in
dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g.,
1,234,567.)
d. Which is worth more, a New Zealand dollar or a Singapore dollar?
e. Which is worth more, a Mexican peso or a Chilean peso?
f- How many Mexican pesos can you get for a euro? (Round your answer to 4 decimal
1. places, e.g., 32.1616.)
f-
What do you call this rate?
2.
g- Which currency is the most valuable? (Round your most valuable to 4 decimal
1. places, e.g., 32.1616.)
g- Which currency is the least valuable? (Round your least valuable to 8 decimal
2. places, e.g., 0.16161616.)
a. Zlotys
b. Value of one euro
c. Amount in dollars
f-1. Amount of Mexican pesos
Ps/€
g-1. Most valuable
g-2. Least valuable
Transcribed Image Text:Use Figure 21.1 to answer the following questions: a. If you have $100, how many euros can you get? (Do not include the euros sign, €. Round your answer to 2 decimal places, e.g., 32.16.) b. How much is one euro worth in U.S. dollars? (Round your answer to 4 decimal places, e.g., 32.1616.) c. If you have 5 million euros, how many dollars do you have? (Enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) d. Which is worth more, a New Zealand dollar or a Singapore dollar? e. Which is worth more, a Mexican peso or a Chilean peso? f- How many Mexican pesos can you get for a euro? (Round your answer to 4 decimal 1. places, e.g., 32.1616.) f- What do you call this rate? 2. g- Which currency is the most valuable? (Round your most valuable to 4 decimal 1. places, e.g., 32.1616.) g- Which currency is the least valuable? (Round your least valuable to 8 decimal 2. places, e.g., 0.16161616.) a. Zlotys b. Value of one euro c. Amount in dollars f-1. Amount of Mexican pesos Ps/€ g-1. Most valuable g-2. Least valuable
Country/Currency
in US$
per Us$
Americas
Argentina peso
.0167
60.0116
Brazil real
.2391
4.1816
Canada dollar
.7608
1.3145
Chile peso
.001287
777.3
Colombia peso
.000297
3365.07
Ecuador US dollor
1
Mexico peso
.0532
18.7872
Uruguay peso
.02678
37.34
Asia-Pacific
Australian dollar
.6825
1.4652
1 month
.6822
1.4659
3 month
.6813
1.4678
6 month
.6799
1.4708
China yuan
.1442
6.9367
Hong Kong dollar
.1287
7.7725
India rupee
.01402
71.316
Indonesia rupiah
.0000737
13573
Japan yen
.00915
109.28
1 month
3 month
.00915
109.29
.00915
109.30
6 month
.00915
109.31
Kazakhstan tenge
.00264
378.6
Macau pataca
.1248923
8.007
Malaysia ringgit
.246
4.0655
New Zealand dollar
.6607
1.5135
Pakistan rupee
.00647
154.63
Philippines peso
Singapore dollar
.0197
50.801
.7400
1.3514
South Korea won
.0008546
1170.2
Sri Lanka rupee
.0055063
181.61
Taiwan dollar
.03328
30.05
Thailand baht
.03272
30.56
Vietnam dong
00004315
23173
Europe
Bulgaria lev
.56382
1.774
Croatia kuna
.1481
6.75
Czech Republic koruna
.04381
22.827
Denmark krone
.1475
6.778
Euro area euro
1.1026
.9070
Hungary forint
.00327912
304.96
Iceland krona
.008025
124.61
Norway krone
Poland zloty
.1105
9.0484
.259
3.8614
Romania leu
.2306
4.336
Russia ruble
.01611
62.073
Sweden krona
.1045
9.5669
Switzerland franc
1.0297
.9712
1 month
1.0317
.9693
3 month
1.0358
.9654
6 month
1.0418
.9599
Turkey lira
Ukraine hryvnia
.1684
5.9391
.0407
24.5652
UK pound
1 month
1.3074
.7649
1.3062
.7656
3 month
1.3049
.7663
6 month
1.3038
. 767
Middle East/Africa
Bahrain dinar
2.6529
.3769
Egypt pound
.0633
15.8006
Israel shekel
.2894
3.455
Kuwait dinar
3.2912
.3038
Oman sul rial
2.5974
.39
Qatar rial
Saudi Arabia riyal
.2747
3.6408
.2665
3.7517
South Africa rand
.0695
14.3928
Transcribed Image Text:Country/Currency in US$ per Us$ Americas Argentina peso .0167 60.0116 Brazil real .2391 4.1816 Canada dollar .7608 1.3145 Chile peso .001287 777.3 Colombia peso .000297 3365.07 Ecuador US dollor 1 Mexico peso .0532 18.7872 Uruguay peso .02678 37.34 Asia-Pacific Australian dollar .6825 1.4652 1 month .6822 1.4659 3 month .6813 1.4678 6 month .6799 1.4708 China yuan .1442 6.9367 Hong Kong dollar .1287 7.7725 India rupee .01402 71.316 Indonesia rupiah .0000737 13573 Japan yen .00915 109.28 1 month 3 month .00915 109.29 .00915 109.30 6 month .00915 109.31 Kazakhstan tenge .00264 378.6 Macau pataca .1248923 8.007 Malaysia ringgit .246 4.0655 New Zealand dollar .6607 1.5135 Pakistan rupee .00647 154.63 Philippines peso Singapore dollar .0197 50.801 .7400 1.3514 South Korea won .0008546 1170.2 Sri Lanka rupee .0055063 181.61 Taiwan dollar .03328 30.05 Thailand baht .03272 30.56 Vietnam dong 00004315 23173 Europe Bulgaria lev .56382 1.774 Croatia kuna .1481 6.75 Czech Republic koruna .04381 22.827 Denmark krone .1475 6.778 Euro area euro 1.1026 .9070 Hungary forint .00327912 304.96 Iceland krona .008025 124.61 Norway krone Poland zloty .1105 9.0484 .259 3.8614 Romania leu .2306 4.336 Russia ruble .01611 62.073 Sweden krona .1045 9.5669 Switzerland franc 1.0297 .9712 1 month 1.0317 .9693 3 month 1.0358 .9654 6 month 1.0418 .9599 Turkey lira Ukraine hryvnia .1684 5.9391 .0407 24.5652 UK pound 1 month 1.3074 .7649 1.3062 .7656 3 month 1.3049 .7663 6 month 1.3038 . 767 Middle East/Africa Bahrain dinar 2.6529 .3769 Egypt pound .0633 15.8006 Israel shekel .2894 3.455 Kuwait dinar 3.2912 .3038 Oman sul rial 2.5974 .39 Qatar rial Saudi Arabia riyal .2747 3.6408 .2665 3.7517 South Africa rand .0695 14.3928
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