Question33 Shakib views the following quotes from a dealer at Bank of America:JPY 121.35/USDKRW 931.88/USD He will be travelling from Korea (KRW) to Japan (JPY) soon and would like to know how much Japanese Yen he would be receiving per Korean Won. [4 marks] [input] Your response must be entered as a numerical value with 4 decimal places and excluding any currency signs. Maximum marks: 4 Flag question undefined简答题
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Question

Question33 Shakib views the following quotes from a dealer at Bank of America:JPY 121.35/USDKRW 931.88/USD He will be travelling from Korea (KRW) to Japan (JPY) soon and would like to know how much Japanese Yen he would be receiving per Korean Won. [4 marks] [input] Your response must be entered as a numerical value with 4 decimal places and excluding any currency signs. Maximum marks: 4 Flag question undefined简答题

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BlackTom AI · Accepted Answer

We need to convert KRW to JPY using the given exchange rates.
First, note the quotes: JPY 121.35 per USD and KRW 931.88 per USD. This means 1 USD equals 121.35 JPY and 1 USD equals 931.88 KRW.
To find how many JPY per 1 KRW, we can chain the rates via USD as an intermediary:
1 KRW = (1 USD / 931.88 KRW) and 1 USD = 121.35 JPY, so
1 KRW = (121.35 JPY / 931.88 KRW).
Compute the division: 121.35 / 931.88 ≈ 0.1302 JPY per KRW.
Since the required answer is a numeric value with 4 decimal places and without currency signs, we present 0.1302.
Note: Small rounding nuances could affect the last decimal place, but 0.1302 is the correct four-decimal representation of the exchange rate from KRW to JPY using the given quotes.