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Utah Bank's bid price for Canadian dollars is $0.7942 and its ask price is $0.8218. What is the bid/ask percentage spread? Round your answer to two decimal places. 0.02 % If the direct exchange rate of the euro is $1.14, what is the euro's indirect exchange rate? That is, what is the value of a dollar in euros? Round your answer to two decimal places. 0.83 euros Today you notice the following exchange rate quotations:(a) $1 is equal to 2.90 Argentine pesos and (b) 1 Argentine peso = 0.40 Canadian dollars. You need to purchase 100,000 Canadian dollars with U.S. dollars. How many U.S. dollars will you need for your purchase? Do not round intermediate calculations. Round your answer to the nearest dollar. $ You just came back from Canada, where the Canadian dollar was worth $0.78. You still have C$240 from your trip and could exchange them for dollars at the airport, but the airport foreign exchange desk will only buy them for $0.68. Next week, you will be going to Mexico and will need pesos. The airport foreign exchange desk will sell you pesos for $0.20 per peso. You met a tourist at the airport who is from Mexico and is on his way to Canada. He is willing to buy your C$240 for 696 pesos. Calculate the amount of pesos you would receive if you exchange the C$ for pesos at the foreign exchange desk. Round your answer to the nearest whole peso. pesos Should you accept the offer or cash the Canadian dollars in at the airport? -Select

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