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concerned with economic conditions that could adversely affect dollar exchange rates. Note: Column 2 equals 1.0 divided by column 1. However, rounding differences do occur.
concerned with economic conditions that could adversely affect dollar exchange rates. Note: Column 2 equals 1.0 divided by column 1. However, rounding differences do occur. Source: Adapted from The Wall Street Journal (wsj.com), August 7, 2020. Key Currency Cross Rates: Friday, August 7, 2020 Note: Column 1 shows how many units of each foreign currency a U.S. dollar would buy, column 2 shows how many units a franc would buy, and so on for the other columns. Source: Adapted from data provided in Table Exchange Rates for August 7, 2020. Source: "Forward Rates Calculator," investing.com/tools/forward-rates-calculator, August 7, 2020. a. How much in dollars does it cost Yohe to produce the 5Y20 ? Round your answer to the nearest cent. $ What is the dollar sale price of the SY-20? Round your answer to the nearest cent. $ b. What is the dollar profit that Yohe makes on the sale of the SY-20? Round your answer to the nearest cent. $ What is the percentage profit? Round your answer to two decimal places. % percentage profit to two decimal places. Dollar profit: \$ Percentage profit: % your answer for the dollar profit to the nearest cent and for the percentage profit to two decimal places. Dollar profit: \$ Percentage profit: % 360 days in a year. Round your answer to two decimal places. %
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