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please show step by step. asks for multile years
Switzertand has long served as a cornerstone of banking conservatism and a safe port in a worid
of currency storms. Swiss banks had long been used by nvestors from all over the world as
financinlly secure institutions that would preserve the depositor's wealth with confidentiality. A
large part of the security offered was the Swiss franc itself. Russian citizens of wealth had used
Swiss banks heavily in recent years as a place where they could shelter their capital rrom
politics, both inside Russia and the outside (EU and US) world. But beginning in the fall of 2014
the Russian ruble's value began to slide against the Swiss franc, threatening their wealth. (Click
on the following icon P in order to copy its contents into a spreadsheet) Mikhairs Portfolla.
Mikhail Khodorkoviky was one of the infamous Russian olgarchs, accumulating bilions of dolars
in wealth in the mid-1990s with the fall of the Soviet Union. But in zoos he had been imprisoned
by the Rustian state for a deeade. Upon his release from prison in 2013 he had taken up residence
in Switzerland- with his money in November 2014 Makuit hoid a poitfolo of USD206 milion and
CHF145 malion in Ewies banke, in addion to accounts in Piussia stii holding RuB 18 bilion.
Using the exchange rate table a. What is the value of Mikhairs portiolio measured in Rustian
nubles? b. What is the value of Matars portlolio measured in Swiss francs? c. What is the value
of Mikhairs porfolio measured in U.S. dolars? d. Which currency demonstrated the greatest
fuctuations in total value ever the sic dales? a. What is the value of Mikhairs portfolio measured
in Russion nubles? Calculate the portfolo value as measured in noles. (Round to the nearest nble)

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please show step by step- asks for multile years Switzertand has long.docx

  • 1. please show step by step. asks for multile years Switzertand has long served as a cornerstone of banking conservatism and a safe port in a worid of currency storms. Swiss banks had long been used by nvestors from all over the world as financinlly secure institutions that would preserve the depositor's wealth with confidentiality. A large part of the security offered was the Swiss franc itself. Russian citizens of wealth had used Swiss banks heavily in recent years as a place where they could shelter their capital rrom politics, both inside Russia and the outside (EU and US) world. But beginning in the fall of 2014 the Russian ruble's value began to slide against the Swiss franc, threatening their wealth. (Click on the following icon P in order to copy its contents into a spreadsheet) Mikhairs Portfolla. Mikhail Khodorkoviky was one of the infamous Russian olgarchs, accumulating bilions of dolars in wealth in the mid-1990s with the fall of the Soviet Union. But in zoos he had been imprisoned by the Rustian state for a deeade. Upon his release from prison in 2013 he had taken up residence in Switzerland- with his money in November 2014 Makuit hoid a poitfolo of USD206 milion and CHF145 malion in Ewies banke, in addion to accounts in Piussia stii holding RuB 18 bilion. Using the exchange rate table a. What is the value of Mikhairs portiolio measured in Rustian nubles? b. What is the value of Matars portlolio measured in Swiss francs? c. What is the value of Mikhairs porfolio measured in U.S. dolars? d. Which currency demonstrated the greatest fuctuations in total value ever the sic dales? a. What is the value of Mikhairs portfolio measured in Russion nubles? Calculate the portfolo value as measured in noles. (Round to the nearest nble)