• Assume the foreign exchange rate for the euro was U.S. $1.00 = .91 euro last month. This month, the exchange rate is U.S. $1.00 = .88 euro. This information indicates that over the past month the
• A. euro appreciated relative to the dollar.
• B. U.S. dollar remained unchanged relative to the euro.
• C. euro depreciated relative to the dollar.
• D. U.S. dollar appreciated relative to all foreign currencies.

Information that can be found on the Internet at no cost includes

I. P/E ratios.

II. recent news about a company.

III. financial statements.

• IV. future earnings and stock prices.
• A. II and III only
• B. I and IV only
• C. I, II and III only
• D. I, II, III and IV