IF_Week_3_Internet Exercises

IF_Week_3_Internet Exercises - MBAE 6533 45 MBAOL:...

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MBAE 6533 45 MBAOL: International Finance Jeramiah Joy 1 Internet Applications Week 3 Internet Applications By Jeramiah Joy International Finance MBAE 6533 June 14, 2009
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MBAE 6533 45 MBAOL: International Finance Jeramiah Joy 2 Week 3 Internet Applications Week 3: Internet/Excel Exercises Internet Applications Chapter 7: (p. 213) Below are listed the exchange rates as displayed on www.bloomberg.com: 1.00 CANADIAN DOLLAR (CAD) = 87.9646 JAPANESE YEN (JPY) 1.00 BRITISH POUND (GBP) = 161.8616 JAPANESE YEN (JPY) 1.00 US DOLLAR (USD) = 98.435 JAPANESE YEN (JPY) 1.00 US DOLLAR (USD) = 0.6081 BRITISH POUND (GBP) I expected the CAD to be worth more than the JPY, and I didn`t realize the U.S. dollar faired that much better against the JPY than did the CAD. My assumption was that the CAD was a lot closer in value to the U.S. dollar internationally speaking, and that globally it would exchange at a very similar rate. Chapter 8: #1, #2 (p. 239)
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This note was uploaded on 06/14/2009 for the course MBAE 6533 taught by Professor Mcgowen during the Spring '09 term at LeTourneau.

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IF_Week_3_Internet Exercises - MBAE 6533 45 MBAOL:...

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