oday, a Van Gogh painting is worth $120 million or about 85 million British pound. Since 1990, the US dollar has been appreciating by 25% against the British pound (You need to depreciate US dollar by 25% to go back to the 1990 exchange rate). If the Van Gogh painting was worth 85 million British pound in 1990, how much was the same Van Gogh painting worth in the US Dollar back in 1990?

Suppose that one year ago the spot rate for the British pound was $1.68 per pound, while the spot rate for the peso was $1.05 per peso. The cross rate of the British pound one year ago was £1 =     pesos.   Suppose that now the spot rate for the British pound is $2.00 per pound, while the spot rate for the peso was $1 per peso. Now, the cross rate of the British pound is £1 =     pesos. This represents a      percent change in the cross rate of the British pound.

Given the following information, take advantage of the triangular arbitrage opportunity and calculate the US dollar profit for an investment of $1,000,000. Keep at least two decimals in your calculations and round at the very end to enter your answer with no decimals (i.e, if your final answer is 9.98, you will enter 10). Singapore dollar in US dollars (USD/SGD) 0.73 US dollars in British pounds (GBP/USD) 0.83 Singapore dollar in British pounds (GBP/SGD) 0.71

You just returned from a trip to Italy and have 870 euros remaining. How many dollars will you receive when you return home if the exchange rate is .9213 euros per U.S dollar? O $870 O $801.53 O $944.32 5 pts

How to calculate IRR and IRP in this question? The answer is 7% in the end, but I do not know how to get it. Consider the situation of firm A and firm B. The current exchange rate is $1.50/€. Firm A is a U.S. MNC and wants to borrow €40 million for 2 years. Firm B is a French MNC and wants to borrow $60 million for 2 years. Their borrowing opportunities are as shown; both firms have AAA credit ratings. $ $ 7% $ 8% € € 6% € 5% A B If firm B could use the forward exchange markets to redenominate a 2-year €40m 5 percent euro loan into a 2-year USD-denominated loan, what would be the interest rate?