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Author Question: What is the percentage change in price for an American importer of Indian sitar music cassettes if ... (Read 80 times)

Lobcity

  • Hero Member
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  • Posts: 524
on: Apr 25, 2021

Question 1

There is an indirect rate of 0.74 between the American dollar and the Canadian dollar. How many American dollars could you buy for 5,000 Canadian dollars?
◦ $3,700
◦ $7,432
◦ $6,757
◦ $5,424

Question 2

What is the percentage change in price for an American importer of Indian sitar music cassettes if the Indian rupee/U.S. dollar exchange rate goes from 12 rps./$ to 14rps./$ and the price of a cassette is 50 rupees?
◦ −16.7%
◦ −14.4%
◦ +20.2%
◦ +16.5%
◦ +14.2%
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by Lobcity on Apr 25, 2021

mjenn52

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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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Lobcity

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

dantucker

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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