Using Exchange Rates Use the information below to answer the following questions. U.S. $ EQUIVALENT CURRENCY PER U.S. $ Polish Zloty .2985 3.3496 Euro 1.2318 .8118 Mexican Peso .0752 13.2980 Swiss Franc 1.0256 .9750 Chilean Peso .002071 482.80 New Zealand Dollar .8092 1.2358 Singapore Dollar .8015 1.2476 a. If you have $100, how many Polish zlotys can you get? (Do not include the Polish zlotys sign, zl. 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 5.00 million euros, how many dollars do you have? (Enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar, 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-1. How many Swiss francs can you get for a euro?

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

10th Edition

ISBN:9781337902571

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter17: Multinational Financial Management

Section: Chapter Questions

Problem 6P

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Using Exchange Rates

Use the information below to answer the following questions.

	U.S. $ EQUIVALENT	CURRENCY PER U.S. $
Polish Zloty	.2985	3.3496
Euro	1.2318	.8118
Mexican Peso	.0752	13.2980
Swiss Franc	1.0256	.9750
Chilean Peso	.002071	482.80
New Zealand Dollar	.8092	1.2358
Singapore Dollar	.8015	1.2476


a.	If you have $100, how many Polish zlotys can you get? (Do not include the Polish zlotys sign, zl. 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 5.00 million euros, how many dollars do you have? (Enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar, 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-1.	How many Swiss francs can you get for a euro?

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