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Author Question: The amount of foreign currency that one U.S. dollar will buy is called the (Read 64 times)

misspop

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on: Apr 25, 2021

Question 1

In today's Wall Street Journal, you see the Greek drachma (GRD) quoted at $0.003635. Yesterday, it was quoted at $0.003521. The drachma ________ by ________.
◦ depreciated; 1.14%
◦ appreciated; 3.05%
◦ depreciated; 3.05%
◦ appreciated; 3.24%
◦ depreciated; 3.24%

Question 2

The amount of foreign currency that one U.S. dollar will buy is called the
◦ base rate.
◦ counter rate.
◦ indirect rate.
◦ direct rate.
◦ forward rate.
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by misspop on Apr 25, 2021

aprice35067

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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misspop

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

ghepp

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Reply 3 on: Yesterday
Excellent

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