Question: please show work: Intro Material : FINA 4500 In Class Exercise Item 2 Pds =$1 2 Pds - 1 USD $3 =1 Pd 3 USD
Intro Material : FINA 4500 In Class Exercise Item 2 Pds =$1 2 Pds - 1 USD $3 =1 Pd 3 USD - 1 Pound 100 Yen/$ 100 Yen - 1 USD 0.5Pds/$ 50 pounds : 1 USD $0.33/Euro 3.33 USD = 1 Euro DQ or IQ (direct or indirect quote) IQ DQ IQ IQ 2) Begin of Year : 1 Yen = $0.001; End of year, 1 Yen =$0.004 Did Yen appreciate or Depreciate against the dollar : what kind of quote is this. DQ ; If u plotted the above data in a graph - Time vs Exch.rate : will the graph be going up or down? 3) Begin of Year : $1 = 3 Peso; End of Year, $1= 2Peso; did Peso Appreciate or Depreciate against the dollar ; Is this direct or Indirect quote : IQ ; 4) If $3 = 1 Pound; and 1 Peso = $0.05; Find how many pesos it takes to buy One Pound :( Cross exchange rate computation ) .. . c)zo) - 60 60 Pesos = 1 Pd 5) $1 = 3 Euro; 1 Rupiah = $0.50; Find One Euro = How many Rupiah (e s. =(33) (2) .66 Euro 1 Rupiah > 41.66 1 Euro - 1.515 Rupiah 6) $1= 300 Francs; 40 Pesos = $1; find 1 Peso = ? Francs (the last three questions require you find the Cross exchange rate)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
