FIN 534 RANK Imagine Your Future /fin534rank.com FIN 534 RANK Imagine Your Future /fin534rank.com | Page 22

Other things held constant, which of the following would tend to
reduce the cash conversion cycle?
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Question 22
Which of the following is NOT directly reflected in the cash
budget of a firm that is in the zero tax bracket?
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Question 23
Suppose one U.S. dollar can purchase 144 yen today in the
foreign exchange market. If the yen depreciates by 8.0% tomorrow, how
many yen could one U.S. dollar buy tomorrow?
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Question 24
If the spot rate of the Israeli shekel is 5.51 shekels per dollar and
the 180-day forward rate is 5.97 shekels per dollar, then the forward rate
for the Israeli shekel is selling at a ____ to the spot rate.
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Question 25