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The following table gives hypothetical dollar/franc exchange values for Wednesday May 5, 2018. Fill in the last two columns The following table gives hypothetical dollar franc exchange values for

The following table gives hypothetical dollar/franc exchange values for Wednesday, May 5, 2018. Fill in the last two columns

The following table gives hypothetical dollar/franc exchange values for Wednesday, May 5, 2018. Fill in the last two columns of the table with the reciprocal price of the dollar in terms of the Swiss franc (SF). (Hint: The exchange rate (ER) is the price of one currency in terms of another. If ER = 2, then purchasing £1 will require $2. The exchange rate can also be defined as the number of units of foreign currency required to purchase one unit of domestic currency, or ER' = £/$.) In U.S.$ Currency per U.S.$ Tues Wed. Wed. Tues. 0.5852 0.5843 Switzerland (franc) 30-day forward 0.5853 0.5848 0.5854 0.5849 90-day forward 180-day forward 0.5851 0.5847 against the From Tuesday to Wednesday, in the spot market, the dollar against the franc, whereas the franc dollar Complete the following statement. (Hint: Round your answers to two decimals.) ,whereas the cost of buying 100 dollars was francs. In Wednesday's spot market, the cost of buying 100 francs was $ Complete the following statement. on an annual basis On Wednesday, the 30-day forward franc was at a of which equals

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