FIN 534 RANK Change The World /fin534rank.com FIN 534 RANK Change The World /fin534rank.com | Page 189
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Question 9
If the inflation rate in the United States is greater than the
inflation rate in Britain, other things held constant, the British pound will
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Question 10
In 1985, a given Japanese imported automobile sold for
1,476,000 yen, or $8,200. If the car still sold for the same amount of
yen today but the current exchange rate is 144 yen per dollar, what
would the car be selling for today in U.S. dollars?
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Question 11
Suppose the exchange rate between U.S. dollars and Swiss francs
is SF 1.41 = $1.00, and the exchange rate between the U.S. dollar and
the euro is $1.00 = 1.64 euros. What is the cross-rate of Swiss francs to
euros?
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Question 12