1 in march 1991 the us dollar was worth 137 yen in october, Ask an Expert

Finance

1. In March 1991, the U.S. dollar was worth 137 yen. In October 2000, the rate was 108 yen.
A. What is X0 (1991)? What is X1 (2000)?

B. What is E0 (1991)? What is E1 (2000)?

C. What was the percentage devaluation or revaluation of the yen in terms of the U.S. dollar?

D. What was the percentage devaluation or revaluation of the dollar in terms of the yen?

2. If the exchange rate between francs and dollars is Fr 7.546 = $1.00, and between pounds and dollars is £1 = $1.4623, what is the exchange rate between francs and pounds?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92094927

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