Question: solve for a, b, and c. (ignore the workumbers under each problem) One year ago, a Komatsu excavator sold in Japan for X4,000,000 and in
One year ago, a Komatsu excavator sold in Japan for X4,000,000 and in the US for $38,000. Today, Komatsu decides to absorb a % of the exchange rate appreciation. The Japanese price is unchanged and the US new price is $37,000. A. How much has the yen appreciated or depreciated over the year? The exchange rate was Y108/1 US and is now Y130/1 USD. B. How much (show in \%) of the exchange rate appreciation or depreciation has the company pas C. How low could the US price be if the yen weakened to 140/1 USD
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