(1) Businessmen buy three-month spot euros at the exchange rate of 0.8550 (the buying price of dollars is the selling price of euros).
(2) If you sell $65,438+0,000,000 in three months, you can get it back: 65,438+0,000,000 * 0.8550 = 855,000 euros.
2. According to the quotation, 1 USD =77.5/50= 1.5500 DM, and the market exchange rate is 1 USD = 1.62545 DM. Obviously, the dollar in the quotation is low, so it is beneficial to accept DM quotation. Pay 775,000 Deutsche Mark. In the market, it is only worth: 775000/1.62545 = 476791,000 dollars. On the contrary, US$ 500,000 is equivalent to 500,000 * 1.62545 = 8 1.2725 million Deutsche Mark in the market.
3. The dollar price in new york market is very high. 654.38+0000 pounds to buy dollars in London market and sell them in new york market, making a profit:
1000000 * 1.9245/ 1.8745- 10000000 = 26673.78.
4. Japanese yen to Hong Kong dollar, Japanese yen/Hong Kong dollar = (7.8010124.50)/(7.8020/124.35) = 0.062659/0.062742.