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Chinese Yuan Revaluation. Many experts believe that the Chinese currency should not only be revalued against the U.S. dollar as it was in July 2005,

Chinese Yuan Revaluation. Many experts believe that the Chinese currency should not only be revalued against the U.S. dollar as it was in July 2005, but also be revalued by another 25 % or 35 %. What would be the new exchange rate value if the yuan was revalued an additional 25 % or 35 % from its initial post-revaluation rate of

Yuan 8.08 / $?

The 25 % revalued exchange rate will be Yuan ____/$. (Round to two decimal places.)

The 35 % revalued exchange rate will be Yuan ____//$. (Round to two decimal places.)

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