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ch17pp - If the yen is expected to depreciate by 8 tomorrow...

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Chapter 17: Multinational Financial Management Page 1 1 If one Canadian dollar can purchase $0.92 U.S. dollar, how many Canadian dollars can one U.S. dollar buy? 1.09 2 If one Swiss franc can purchase $0.81 U.S. dollar, how many Swiss francs can one U.S. dollar buy? 1.23 3 If one U.S. dollar buys 0.74 euros, how many dollars can you purchase for one euro? 1.35 4 If U.S. dollars sell for £0.51 (British pounds) per dollar, what should pounds sell for in dollars per pound? 1.96 5 Suppose that AU $ 1.22 could be purchased in the foreign exchange market for a U.S. dollars today. If the Australian dollar is expected to appreciate by 10% tomorrow, how many Australian dollars could a US dollar buy tomorrow? 1.11 6 Suppose that SF 1 can purchase 0.8123 US dollars. If the US dollar is expected to decline by 5% tomorrow, how many US dollars could a Swiss Frank buy tomorrow? 0.85 7 Suppose that 242 yen could be purchased in the foreign exchange market for two U.S. dollars today.
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