Homework: Chapter 18 Homework HW Score: 0%, 0 Question Help Score: 0 of 1 pt 1 of 7 (0 complete) P18-1 (similar to) Foreign exchange and commodity prices. While traveling in the following countries, you see twenty-ounce plastic bottles of Coca-Cola. You know the price in the United States for a Coke is $1.02, but the countries have the following prices: Canada: C$1.43 Japan: W146 England: 0.56 European Union: 0.88 What is the implied exchange rate for U.S. dollars and these four currencies? What is the implied direct, or American, exchange rate between the U.S. dollar ($) and Canadian dollar (CS)? S 0.71328 per CS (Round to four decimal places.) What is the implied indirect, or European, exchange rate between the Canadian dollar (CS) and U.S. dollar ($)? csper$ (Round to four decimal places.) Enter your answer in the answer box and then click Check Answer. 6 parts remaining Clear All Check Answer Homework: Chapter 18 Homework Save Score: 0 of 1 pt 2 of 7 (1 complete) HW Score: 1.79%, 0.13 of 7 pt P18-3 (similar to) Question Help o the exchange Currency exchange rates. You are taking a trip to six European countries. It is a ten-day trip. and you are taking $3.200. The current direct conversion rate is $1.2347 for euros. While in Europe, you spend 2.365.96. You convert your remaining euros back to U.S. dollars upon your return. rates remained the same over your trip. how much do you have left in U.S. dollars? How much do you have left in U.S. dollars after the trip? s (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Check Answer Homework: Chapter 18 Homework Save Score: 0 of 1 pt 3 of 7 (1 complete) HW Score: 1.79%, 0.13 of 7 pt P18-4 (similar to) Question Help o Currency exchange rates. On the day you arrive in England, the exchange rate for U.S. dollars and British pounds is $1:0.49. You have $4.000, which you convert to pounds. While you remain in England for the next two weeks, the exchange rate falls to $1:10.45. As you leave England, you convert the 168 you have left to dollars. How much did you spend in England in U.S. dollars? Did the movement in the exchange rate help or hurt you? How much did you spend in England in U.S. dollars? (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer. 1 part remaining Clear All Check Answer Homework: Chapter 18 Homework Save Score: 0 of 1 pt 4 of 7 (1 complete) HW Score: 1.79%, 0.13 of 7 pt P18-9 (similar to) Question Help Forward rates. Your company has posted you on a 21-month overseas assignment in Budapest, Hungary. You will be living on the Buda side of the river, but will be spending much of your time on the Pest side. The current indirect rate for the Hungarian forint is 188.81 forints per U.S. dollar. If the anticipated inflation rate in the United States is 3.5% and the anticipated inflation rate in Hungary is 6.8% (annually)what exchange rate do you anticipate at the end of your assignment? What exchange rate do you anticipate at the end of your assignment? forints per $ (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Check
