Suppose that 1 swedish krona could be purchased in the, Ask an Expert

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Suppose that 1 Swedish krona could be purchased in the foreign exchange market today for $0.44. If the krona appreciated 10% tomorrow against the dollar, how many kronas would a dollar buy tomorrow? Round your answer to 2 decimal places. Do not round intermediate calculations.

kronas _________

Suppose the exchange rate between the U.S. dollar and the South African rand was 12 rand = $1 and the exchange rate between the U.S. dollar and the Israeli shekel was 1 shekel = $0.7. What was the exchange rate between the South African rand and the Israeli shekel? Round your answer to 2 decimal places. Do not round intermediate calculations.

rands per shekel ___________

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Financial Management, Finance

Category:- Financial Management
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