1) Compute the number of dollars that can be bought with 4 million of each foreign currency units: a. $1 = 19,501 Vietnamese dong (Round your answer to 2 decimal places.) Foreign currency $ b. $1 = 4.2971 Venezuelan bolivar (Round your answer to the nearest whole number.) Foreign currency $ c. $1 = 6.738 South African rand (Round your answer to the nearest whole number.) Foreign currency $
2) The current spot rate between the U.S. dollar and the Swedish krona is $1 = 6.8692 krona. Assume the inflation rate in the United States is 6 percent and in Sweden is 1 percent. What is the expected spot rate in one year? (Do not round intermediate calculations and round your final answer to 4 decimal places.)
Expected exchange rate $ per Krona