What was the value of 100 yen in terms of U.S. dollars in June 2011 and June
Question:
What was the value of 100 yen in terms of U.S. dollars in June 2011 and June 2012? Did the yen appreciate or depreciate against the U.S. dollar over the year June 2011 to June 2012?
The U.S. dollar exchange rate increased from $0.96 Canadian in June 2011 to $1.03 Canadian in June 2012, and it decreased from 81 Japanese yen in June 2011 to 78 yen in June 2012.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Solution a 100 100 yen 100 in June 2011 an...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Microeconomics Canada In The Global Environment
ISBN: 9780321931184
9th Edition
Authors: Robin Bade, Michael Parkin
Question Posted:
Students also viewed these Business questions
-
Did the Canadian dollar appreciate or depreciate against the U.S. dollar? Did the Canadian dollar appreciate or depreciate against the euro? The Canadian dollar exchange rate increased from $0.94...
-
What was the value of one euro (100 euro cents) in terms of Canadian dollars in June 2010 and June 2011? Did the euro appreciate or depreciate against the Canadian dollar over the year June 2010 to...
-
Did the U.S. dollar appreciate or depreciate against the Canadian dollar? Did the U.S. dollar appreciate or depreciate against the yen? The U.S. dollar exchange rate increased from $0.96 Canadian in...
-
What is the value of a 13% coupon bond that is otherwise identical to the bond described in Part D? Would we now have a discount or a premium bond?
-
A focus group of 10 adults was chosen to evaluate the performance of a candidate during a presidential debate. They were instructed to rate the candidate on two characteristics, knowledge and...
-
On September 1, Big Fan of Toledo prepaid six months of rent, $3,300. Requirements 1. Record the journal entry for the September 1 payment. 2. Record the adjusting entry required at September 30. 3....
-
List the economic, social, and personal factors that influence a decision to buy an article of clothing.
-
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2012 totaled $2,280,000 as follows. Production records show that 35,000 units were in...
-
According to money. CNN.com, with mortgage rates near 35-year lows, you may be able to cut your payments sharply by refinancing your loan. To qualify for the best rates, you need a credit score of...
-
Automatic control of helicopters is necessary because, unlike fixed-wing aircraft which possess a fair degree of inherent stability, the helicopter is quite unstable. A helicopter control system that...
-
On March 30, 2012, the U.S. dollar was trading at 82 yen per U.S. dollar on the foreign exchange market. On August 30, 2012, the U.S. dollar was trading at 79 yen per U.S. dollar. a. What events in...
-
What was the value of the Canadian dollar in terms of U.S. dollars in June 2011 and June 2012? Did the Canadian dollar appreciate or depreciate against the U.S. dollar over the year June 2011 to June...
-
If the outlay is lower by the amount that Simpson suggests, the project NPV should increase by an amount closest to: A. 0.09 billion. B. 0.14 billion. C. 0.17 billion. Barbara Simpson is a sell-side...
-
For your main post, evaluate and explain what economic fluctuations are. According to the B.E.A. during the second quarter of 2022 GDP declined by 0.6% and during the first quarter of 2022 it...
-
What triggers bear attacks for US-listed Chinese companies? Was Muddy Waters right in its judgment of the two companies and what impact did it have on them? Were the anti-shorting response taken by...
-
You took out a fixed-rate mortgage for $317,000. The mortgage has an annual interest rate of 6% (AIR) and requires you to make a monthly payment of $2,675. Part 1 How many months will it take to pay...
-
There are many theories within Neo-Classical criminology. Explain how Neo-Classical Criminology Theory is used to prevent crime. Question: Which ones are the most effective at figuring out the best...
-
How do sociological concepts such as socialization, social control, and deviance shed light on the construction and enforcement of social norms, moral codes, and legal systems within diverse cultural...
-
Nye Tools, incorporated in 2005, makes tools and devices for the automotive industry. The original shareholders were Andre (700 shares) and his brother Roscoe (300 shares). In 2009, Andre transferred...
-
Eleni Cabinet Company sold 2,200 cabinets during 2011 at $160 per cabinet. Its beginning inventory on January 1 was 130 cabinets at $56. Purchases made during the year were as follows: February . 225...
-
Explain why sustained growth of real GDP per person can transform a poor country into a wealthy one.
-
An efficiency wage results in all of the following except _________. A. a decrease in the rate of labor turnover B. an increase in the full-employment quantity of labor C. greater work effort D. an...
-
Job rationing ________. A. increases the natural unemployment rate B. has no effect on the natural unemployment rate C. increases labor turnover as firms compete for high quality labor D. decreases...
-
The flexible budget variance for fixed overhead is known as the A.) Static budget variance. B.) Fixed overhead efficiency variance. C.) The fixed overhead volume variance. D.) The fixed overhead...
-
Examine the balance sheet for MNO Ltd. as of December 31, 2023, to assess its financial performance and efficiency. MNO Ltd. Balance Sheet As of December 31, 2023 Assets Current Assets Cash $30,000...
-
P dx x tan 5x 2x tan 5x+5x2 sec 5x tan 5x O 2x tan 5x+5x2 sec 5x 10x sec 5x O 2x tan 5x + x2 sec 5x O 2x tan 5x + 5x2 sec 5x tan 5x
Study smarter with the SolutionInn App