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Please type all answers in Word. Do not include the data downloaded from Website in the Word. Practice 5: Foreign exchange market 1. Go to

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Please type all answers in Word. Do not include the data downloaded from Website in the Word.

Practice 5: Foreign exchange market 1. Go to the Currencies in Yahoo Finance! Find your country's currency. (If Yahoo does not have your country's currency, use RMB instead) o Draw a historical graph (one year) of the exchange rate of dollar and your country's currency S Compare the exchange rate of dollar and your country's currency on June 1st, 2019 and June 1st, O appreciates o Based on the answer, how do the export and import of your country change? 2018. Tell me that your country's currency depreciates or C 2. The interest rate in European bank is 5% now, and the exchange rate is currently 1.05 dollars per euro If you expect that the exchange rate will be 0.95 dollars per euro one year from now, what is the expected interest rate in the American bank? 3. The interest rates are 4% in Japan and 5% in the United States. The current exchange rate is 113 yen per dollar. What is the expected forward exchange rate? Practice 5: Foreign exchange market 1. Go to the Currencies in Yahoo Finance! Find your country's currency. (If Yahoo does not have your country's currency, use RMB instead) o Draw a historical graph (one year) of the exchange rate of dollar and your country's currency S Compare the exchange rate of dollar and your country's currency on June 1st, 2019 and June 1st, O appreciates o Based on the answer, how do the export and import of your country change? 2018. Tell me that your country's currency depreciates or C 2. The interest rate in European bank is 5% now, and the exchange rate is currently 1.05 dollars per euro If you expect that the exchange rate will be 0.95 dollars per euro one year from now, what is the expected interest rate in the American bank? 3. The interest rates are 4% in Japan and 5% in the United States. The current exchange rate is 113 yen per dollar. What is the expected forward exchange rate

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