20 Saved Help On July 15, 2016, you convert 540,000 U.S. dollars to Japanese yen in the spot foreign exchange market and purchase a six-month forward contract to convert yen Into dollars. How much will you receive in U.S. dollars at the end of six months? Use the data in Table 9-1 for this problem. (Round your answer to 2 decimal places. (e.g., 32.16)) Amount that you will receive in U.S. dollars at the end of six months PER US$ Fri Thurs 14.7260 TABLE 9-1 Foreign Currency Exchange Rates Exchange Rates: New York Closing Snapshot Friday, July 15, 2016 U.S.-dollar foreign-exchange rates in late New York trading IN US$ Country/currency Fri Thurs Americas Argentina peso 0.0669 0.0679 Brazil real 0.3050 0.3074 Canada dollar 0.7709 0.7758 1-month forward 0.7709 0.7758 3-months forward 0.7710 0.7759 6-months forward 0.7711 0.7760 0.001526 0.001538 Colombia peso 0.0003422 0.0003429 Ecuador US dollar 1 Mexico peso 0.0537 0.0545 Peru new sol 0.3050 0.3049 Uruguay peso 0.03294 0.03299 Venezuela bolivar 0.1000996 0.10014972 14.9390 3.2784 1.2972 1.2971 1.2970 1.2968 655.10 2922.25 3.2533 1.2891 1.2890 1.2889 1.2887 650.40 2916.55 Chile peso 1 1 18.3528 3.2795 18.6066 3.2785 30.3600 9.9901 30.3100 9.9851 Asia-Pacific Australian dollar 0.7575 0.7632 China yuan 1.3201 6.6924 0.1497 Hong Kong dollar 1.3103 6.6818 7.7543 66.84320 0.1290 0.1494 0.1290 0.01489 0.0000763 India rupee 7.7546 67.14050 0.01496 0.0000767 13110 13037 0.00953 Indonesia rupiah Japan yen 1-month forward 3-months forward 6-months forward Kazakhstan tenge 0.00949 0.0094918 0.00949235 0.00949237 0.00295 0.0095320 0.0095320 0.0095320 0.00295 104.91 104.90991 104.90980 104.90961 105.35 105-35397 105-34796 105-34777 339.33 339.27 0.1251643 0.1253039 7.990 3.9657 0.2542 0.7199 0.2522 0.7118 0.00955 Macau pataca Malaysia ringgit New Zealand dollar Pakistan rupee Philippines peso Singapore dollar South Korea won 1.4049 7.981 3.9335 1.3891 104.80 46.8900 0.00954 104.72 46.7930 0.0213 0.0214 0.7420 0.0008784 1.3477 0.7450 0.0008831 1.3423 1132.42 1138.47 WALA 0.02860 0.02855 0.00004488 34.970 22310 35.030 22282 0.00004482 1.774 1.759 6.7973 0.56367 0.1471 0.04084 0.1483 1.1037 1.1052 0.56844 0.1484 0.04114 0.1495 1.1121 Thailand baht Vietnam dong Europe Bulgaria lev Croatia kuna Czech Rep. koruna Denmark krone Euro area euro 1-month forward 3-months forward 6-months forward Hungary forint Iceland Krona Norway Krone Poland zloty Romania leu Russia ruble Sweden krona Switzerland frane 1-month forward 3-months forward 1.1079 24.489 6.7422 0.9061 0.9048 0.9026 0.8990 285.72 1.1135 1.1163 1.1207 0.00353782 0.008219 0.1196 1.1123 6.7387 24-309 6.6888 0.8992 0.8980 0.8958 0.8923 282.66 121.67 8.3631 3.9645 4.0339 62.904 8.4973 0.9809 0.00349993 0.008237 0.1179 0.2492 121.41 8.4836 0.2522 0.2463 0.2479 0.01570 0.1164 0.01590 0.1177 1.0195 1.0213 4.0126 4.0603 63.706 8.5882 0.9828 0.9810 0.9776 1.0175 1.0193 0.9791 1.0229 1.0249 0.9757 100% 1.0175 1.0195 0.9809 1.0213 Switzerland franc 1-month forward 3-months forward 6-months forward Turkey lira 0.9828 0.9810 0.9776 0.9791 0.9757 1.0193 1.0229 1.0286 0.3311 1.0249 1.0306 0.3474 0.9722 3.0198 0.9703 2.8783 0.0404 0.0404 24.7535 1.3188 24.7590 0.7583 0.7581 1.3192 1.3344 1.3348 1.3358 1.3377 0.7494 0.7492 0.7486 1.3202 0.7575 0.7564 1.3221 0.7475 2.6500 Ukraine hryvnia UK pound 1-month forward 3-months forward 6-months forward Middle East/Africa Bahrain dinar Egypt pound Israel shekel Kuwait dinar Oman sul rial Qatar rial Saudia Arabia riyal South Africa rand 2.6506 0.1126 0.1127 0.2580 0.3774 8.8726 3.8767 0.3020 0.38 3.6387 0.3773 8.8782 3.8511 0.3021 0.2597 3-3113 0.39 2.59912 0.2748 0.2668 0.0690 3.3097 2.59663 0.2746 0.2666 3.6422 3.7503 3.7475 0.0703 14.5015 14.2255