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A latte costs 28 yuan in China and $3.50 in the New York. What is the absolute USDCNY, PPP exchange rate that ensures no latte
A latte costs 28 yuan in China and $3.50 in the New York. What is the absolute USDCNY, PPP exchange rate that ensures no latte arbitrage?
1. A latte costs 28 yuan in China and $3.50 in the New York. What is the absolute USDCNY, PPP exchange rate that ensures no latte arbitrage? $ 3.50 USD cost of latte Yuan cost of latte 28.00 USDCNY PPP exchange rate ???? 2. Inflation in the U.S. is expected to be 2.5%. Inflation in Argentina is expected to by 9%. What is the expected Argentinian peso exchange rate in 1-year if the current spot rate (USDARS) is P57.50? What is the expected appreciation (or depreciation) of the peso? US Inflation 2.50% 9.00% AR Inflation Spot 57.50 New Rate? ???? ???? Appreciation? 3. The Chinese yuan exchange rate increases from Y6.4/$ to Y6.6/$. What was the percentage appreciation (or depreciation) of the yuan? Answer ???? 4. The Swiss franc currency code is CHF. If Bloomberg shows that USDCHF = 1.0255, How many USD can you buy for 100 Swiss francs? USDCHF 1.0255 100.00 francs Answer ???? 5. What is the Japanese yen cost of $100 USD if the exchange rate is Y110/$? Dollars (Amount) $ 100.00 Y/$ (USDJPY) 110.00Step by Step Solution
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