Question

# 3. The YTL/\$ spot exchange rate is YTL1.72/\$ and the SF/\$ is SF1.25/\$. The YTL/SF cross...

3. The YTL/\$ spot exchange rate is YTL1.72/\$ and the SF/\$ is SF1.25/\$. The YTL/SF cross exchange rate is:

4. The \$/YTL spot exchange rate is \$0.5814/YTL and the \$/SF is \$0.80/SF. The YTL/SF cross exchange rate is:

5. The YTL/\$ spot exchange rate is YTL1.72/\$ and the \$/SF is \$0.80/SF. The YTL/SF cross exchange rate is:

6. The €/\$ spot exchange rate is €0.6/\$ and the Yen/\$ is Yen89/\$. What is the €/Yen cross exchange rate? What is the Yen/€ cross exchange rate?

3. YTL/\$ = 1.72, SF/\$ = 1.25

So \$/SF = 1 / (SF/\$) = 1/1.25

YTL/SF = (YTL/\$) x (\$/SF) = (1.72) x (1/1.25) = 1.72/1.25 = YTL1.37

4. \$/YTL = 0.5814 , \$/SF= 0.80

So, YTL/\$ = 1/(\$/YTL) = 1/0.5814

YTL/SF = (YTL/\$) x (\$/SF) = (1/0.5814) x (0.80) = 0.80 / 0.5814 = YTL1.37

5.YTL/\$ = 1.72 , \$/SF = 0.80

YTL/SF = (YTL/\$) x (\$/SF) = 1.72 x 0.80 = YTL1.37

6.€/\$ = 0.6 , Yen/\$ = 89

So, \$/Yen = 1 / (Yen/\$) = 1 / 89

€/Yen = (€/\$) x (\$/Yen) = (0.6) x ( 1/89) = 0.6 / 89 = € 0.0067

Yen / € = 1 / ( €/Yen) = 1 /(0.0067) = Yen149.25

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