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1. You invested in a foreign stock market. The foreign stocks rose in value 17% in the year before you sold. But after converting your

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1. You invested in a foreign stock market. The foreign stocks rose in value 17% in the year before you sold. But after converting your foreign investment back to your home currency, the NET amount is only 10% higher than when you started. This means that over the year your home currency must have 1 Appreciated Depreciated Strengthened or Weakened 6. In Mexico you see a used car you like priced at 500,000 Pesos. The Spot exchange rate is 20.5 Pesos / $. what is the equivalent price in US $? 6 7. Other things equal, and ignoring any tax or fees, if a Honda Civic costs $27,200 in the U.S., then at an exchange rate of .7254 / S, the Honda Accord should cost 7. in Great Britain. 8. You are a USA importer of copper for manufacturing. You get price quotes and exchange rates for the same quantity and quality of copper delivered from 3 foreign countries, listed below. Which Supplier would be least expensive? 8. |

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