24 Jul WHAT IS THE CROSS-RATE FOR BRITISH POUNDS IN TERMS OF CANADIAN DOLLARS?
( Show more Suppose the spot and three-month forward rates for the yen are 85.14 and 84.61 respectively. (Enter your answer as directed but do not round intermediate calculations.) Required: (a) Is the yen expected to get stronger or weaker? (b) What would you estimate is the percentage difference between the inflation rates of the United States and Japan? U.S. $ EQUIVALENT CURRENCY PER U.S. $ U.K. Pound () 1.5961 .6265 Canada dollar 1.0057 .9943 Requirement 1: Which would you rather have $100 or 100? (Click to select)100 Dollars100 Pounds Requirement 2: Requirement 2: Which would you rather have $100 Canadian or 100? Which would you rather have $100 Canadian or 100? (Click to select)100 Canadian Dollars100 Pounds (Click to select)100 Canadian Dollars100 Pounds Requirement 3: Requirement 3: (a) What is the cross-rate for Canadian dollars in terms of British pounds? (Do not include the Canadian dollar sign (C$). Round your answer to 4 decimal places (e.g. 32.1616).) Cross-rate C$ / (b) What is the cross-rate for British pounds in terms of Canadian dollars? (Do not include the pound sign (). Round your answer to 4 decimal places (e.g. 32.1616).) Cross-rate /C$ (b) What would you estimate is the difference between the inflation rates of the United States and Japan?(Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places (e.g. 32.16).) Difference between the inflation rates % Show less
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