document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=304733>Question 304733</A>: <I><SPAN STYLE=\"word-break: break-all;\"> how many dollars do you have to spend to acquire the amount of yen required? The availability is 100,000 yen.\r<BR>\n" );
document.write( "\n" );
document.write( "I took 100,000 x 1-month forward at .009048 & came up with $948.00 - is this correct??\r<BR>\n" );
document.write( "\n" );
document.write( "Your assistance is greatly appreciated!!\r<BR>\n" );
document.write( "\n" );
document.write( "Thx,\r<BR>\n" );
document.write( "\n" );
document.write( "Monica </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #218232 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=218232\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> how many dollars do you have to spend to acquire the amount of yen required? The availability is 100,000 yen.\r<BR>\n" );
document.write( "\n" );
document.write( "I took 100,000 x 1-month forward at .009048 & came up with $948.00 - is this correct??<BR>\n" );
document.write( "---------------<BR>\n" );
document.write( "It's not clear what you mean, but 100,000 * 0.009048 = $904.80 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );