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EXCEL FORMAT ONLY Suppose a BMW 528i is priced at $68,750 in New York and €50,267...

EXCEL FORMAT ONLY

Suppose a BMW 528i is priced at $68,750 in New York and €50,267 in Berlin. In which place is the car more expensive if the spot rate is $1.3677/€?

[EXCEL]Forward rate: If the spot rate was $1.0413/C$ and the 90-day forward rate was $1.0507/C$, how much more (in U.S. dollars) would you receive by selling C$1,000,000 at the forward rate than at the spot rate?

8. [EXCEL]Forward rate: Crane, Inc., sold equipment to an Irish firm and will receive €1,319,405 in 30 days. If the company entered a forward contract to sell at the 30-day forward rate of $1.3012/€, what is the dollar revenue received?

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