(Answered) The canadian dollar cad exchange rate increased from 94 us

Management Studies

The Canadian dollar (CAD) exchange rate increased from $.94 U.S dollar (USD) in June 2010 to $1.04 USD in June 2011, and it decreased from €.77 in june 2010 to €.71 in June 2011.

a) Did the CAD appreciate against the USD?

b) Did the CAD appreciate against the Euro?

c) What was the value of the USD in terms of CAD in June 2010 and June 2011?

d) Did the USD appreciate against the CAD over the year June 2010 to June 2011?

e) what was the value of A Euro in terms of CAD in June 2010 and June 2011?

f) Did the Euro appreciate against the USD over the year June 2010 to June 2011?

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