Question
In 1985, a Japanese imported Honda compact car sold for 1,476,000 Yen, or $8,200. If the same car still sold for the same amount of
In 1985, a Japanese imported Honda compact car sold for 1,476,000 Yen, or $8,200. If the same car still sold for the same amount of Yen today but the Yen is now appreciating by 60% since the 1985 exchange rate, what would the car be selling for today in U.S. dollars?
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Financial Performance
Authors: Marc Bertoneche, Rory Knight
1st Edition
0750640111, 978-0750640114
