Question: Solve Q3 in 45 mins i will give you thumb up QUESTION 3 Use the following table to answer questions: Required: a) Referring to the

 Solve Q3 in 45 mins i will give you thumb up

QUESTION 3 Use the following table to answer questions: Required: a) Referring

Solve Q3 in 45 mins i will give you thumb up

QUESTION 3 Use the following table to answer questions: Required: a) Referring to the table above, calculate the Sweden Krona to U.S. Dollar exchange rate, E$/ SKr for June 2009 and June 2010. Note: E denotes nominal exchange rate. (2.5 marks) Required: b) What has happened to the value of the U.S. Dollar relative to the Sweden Krona between 2009 and 2010? Calculate the percentage change in the value of the U.S. Dollar using the U.S. Dollar-foreign currency exchange rates you calculated in a) (2.5 marks) Required: c) Calculate the Japanese Yen to U.S. Dollar exchange rate, E$/kr for June 2009 and June 2010 (2.5 marks) Required: d) What has happened to the value of the U.S. Dollar relative to the Japanese Yen between 2009 and 2010 ? Calculate the percentage change in the value of the U.S. Dollar using the U.S. Dollar-foreign cu rrency exchange rates you calculated in c) (2.5 marks) Critical Values of the t Distribution Source: This table was generated using the Stata function invt

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