Exercise 2: The yen quote in America goes from 95 to 85. The quote 95 is...
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Exercise 2: The yen quote in America goes from ¥95 to ¥85. The quote ¥95 is the price of what currency? A. Yen B. USD Which currency depreciated? A. Yen B. USD What is the appreciation or depreciation of the $? A. 11.76% B. 10.53% C. -11.76% D. -10.53% What is the appreciation or depreciation of the ¥? A. 11.76% B. 10.53% C. -11.76% D. -10.53% Exercise 2: The yen quote in America goes from ¥95 to ¥85. The quote ¥95 is the price of what currency? A. Yen B. USD Which currency depreciated? A. Yen B. USD What is the appreciation or depreciation of the $? A. 11.76% B. 10.53% C. -11.76% D. -10.53% What is the appreciation or depreciation of the ¥? A. 11.76% B. 10.53% C. -11.76% D. -10.53%
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Related Book For
Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science
ISBN: 978-0324656633
5th edition
Authors: Cliff T. Ragsdale
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