Question

Suppose we have the following exchange rate quotes:    in US\$ per US\$ Euro area (€)...

Suppose we have the following exchange rate quotes:

 in US\$ per US\$ Euro area (€) 1.3570 .7369 Mexico (Ps) .0781 12.8057

a. If you have \$250, you can get  euros. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Use the €/\$ exchange rate in your calculation.)

b. One euro is worth \$  . (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.)

c. If you have 6,500,000 euros, you have \$  . (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Use the \$/€ exchange rate in your calculation.)

d. You can get  Mexican pesos for a euro. This type of rate is called  (Click to select)  foreign currency  cross rate  exchange rate  mixed rate  . (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.)

I need help with D.

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