1. In doing the calculations, round to two decimal places.

Given the following currency exchange rates:

Time period 1: AUD$ 1.15/CHF

Time period 2: AUD$ 1.55/CHF

a. From time period 1 to time period 2, CHF has depreciated or appreciated relative to AUD$.

A) depreciated

B) appreciated

b. From time period 1 to time period 2, AUD$ has appreciated or appreciasted relative to CHF.

A) depreciated

B) appreciated

c. In time period 1, if the price of Product A was CHF 39,500, then its price in AUD$ should be:

A) AUD$ 34,365

B) AUD$ 45,425

C) CHF AUD$ 34,365

D) CHF AUD$ 45,425

d. In time period 2, if the price of Product A was CHF 39,500, then its price in AUD$ should be:

A) AUD$ 25,675

B) AUD$ 61,225

C) CHF AUD$ 25,675

D) CHF AUD$ 61,225

e. In time period 1, if the price of Product B was AUD$ 65,000, then its price in CHF should be:

A) CHF 56,550

B) CHF 74,750

C) AUD$ CHF 56,550

D) AUD$ CHF 74,750

f. In time period 2, if the price of Product B was AUD$ 65,000, then its price in CHF should be:

A) CHF 42,250

B) CHF 100,750

C) AUD$ 42,250

D) AUD$ CHF 100,750