MGMT%20Take%20Home[1]

MGMT%20Take%20Home[1] - UK pound: ((.5419-.5414)/.5414) x...

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1. A) .6840 Euros B) The Euro C) 1 CN = .9645 US 1 Euro = 1.4620 US .9645/1.4620 = .6597 Euros D) I would agree because you get the least amount of UK pounds for one US dollar. 2. The UK pound is expected to increase in value on Sept. 24 th . The Japanese Yen changed the most.
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Unformatted text preview: UK pound: ((.5419-.5414)/.5414) x 12/1 x 100 = +1.11% Yen: ((105.71-106.10)/106.10) x 12/1 x 100 = -4.41%% CN: ((1.0363-1.0368)/1.0368) x 12/1 x 100 = -.579% 3. Big Mac $3 US x 1.0368 CN = $3.11 CN $3.11 CN x 1.02 = $3.17 CN 4. ?...
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This note was uploaded on 02/10/2009 for the course MGMT 370 taught by Professor Tomroehl during the Fall '08 term at Western Washington.

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