Ejercicios Inversiones

Web exercise on exchange rates
The Bloomberg website provides quotations of various exchange rates and stock market indexes. Its website address is www.bloomberg.com
1. Go to the section oncurrencies within the website. First, identify the direct exchange rates of foreign currencies from the U. S. perspective. Then, identify the indirect exchange rates. What is the direct exchange rate of theeuro? What is the indirect exchange rate of the euro? What is the relationship between the direct and indirect exchange rates of the euro?
DIRECT EXCHANGE RATE (U.S.)
EUR-USD 1.4272
GBP-USD1.6152
JPY-USD 1.0124
AUD-USD 1.0587
CAD-USD 1.0189
CHF-USD 1.1761


INDIRECT EXCHANGE RATE (U.S.)

USD- EUR 0.7006
USD- GBP 0.6191
USD-JPY 80.1225
USD- AUD 0.9445
USD-CAD0.9814
USD-CHF 0.8502

DIRECT EXCHANGE RATE (EURO)
USD- EUR 0.7006
GBP-EUR 1.1325
JPY-EUR 0.0087
AUD-EUR 0.7415
CAD-EUR 0.7138
CHF-EUR 0.8247

INDIRECT EXCHANGE RATE (EURO)
EUR-USD 0.7006EUR- GBP 0.883
EUR- JPY 114.3524
EUR- AUD 1.3486
EUR- CAD 1.401
EUR- CHF 1.2125



2. Use this website to determine the cross exchange rate between the Japanese yen and the Australian dollar.That is, determine how many yen must be converted to an Australian dollar for Japanese importers that purchase Australian products today. How many Australian dollars are equal to a Japanese yen? What isthe relationship between the exchange rate measured as number of yen per Australian dollar and the exchange rate measured as number of Australian dollars per yen?
Currency Cross Rates
USD EUR JPYGBP CHF CAD AUD HKD
HKD 7.7931 11.0969 0.0972 12.5757 9.1567 7.9295 8.2323 -
AUD 0.9467 1.3480 0.0118 1.5276 1.1123 0.9632 - 0.1215
CAD 0.9828 1.3995 0.0123 1.5859 1.1548 - 1.0382 0.1261
CHF 0.85111.2119 0.0106 1.3734 - 0.8660 0.8990 0.1092
GBP 0.6197 0.8824 0.0077 - 0.7281 0.6305 0.6546 0.0795
JPY 80.1980 114.1963 - 129.4139 94.2298 81.6007 84.7172 10.2908
EUR 0.7023 - 0.0088 1.1333...