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1. The dollar-euro exchange rates are $1.5968/1.00 and the dollar-yen exchange rates is 108.0030/1.00. What is the euro-yen cross rate?

2. Janet and Jeff have a net worth of $25,000 and total assets of $150,000. If their revolving credit and unpaid bills total $2,200, what are their total liabilities?

 

3. If you require an annual return of 12%, what is the present value of this cash flow stream? Round your answer to the nearest cent. Do not round intermediate calculations.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92336201

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