1 Are the Japanese customers of Strato Designs likely to be willing to accept price quotations in dollars Discuss 2 What should be the companys objective in managing the exchange rate situation 3 What model or system would you recommend that Strato Designs use Defend your choice 4 Is your choice in...

1 No The Japanese would be no more willing to bear the exchange risk than is Strato Designs As the c ...

1. Are the Japanese customers of Strato Designs likely to be willing to accept price quotations in...

Question:

1. Are the Japanese customers of Strato Designs likely to be willing to accept price quotations in dollars? Discuss.
2. What should be the company’s objective in managing the situation?
3. What model or system would you recommend that Strato Designs use? Defend your choice.
4. Is your choice in Question #3 above something the company should do for all the foreign currencies they might have to manage or only for the Japanese yen? Explain.
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...