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Question 10 (3.33 points) Jacob Inc.. produces furniture and has no international business. Its major competitors import most of their furniture from Indonesia and then

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Question 10 (3.33 points) Jacob Inc.. produces furniture and has no international business. Its major competitors import most of their furniture from Indonesia and then sell it out of retail stores in the United States. How will Jacob Inc., be affected if Indonesian rupiah strengthens over time? It'll not be affected because Jacob has no international business. It'll be unfavorably affected. It'll be favorably affected. Question 11 (3.33 points) Assume the following information: You have $1.000.000 to invest: Current spot rate of euro = $1.11 1-year forward rate of euro = $1.08 1-year deposit rate in U.S. = 2% 1-year deposit rate in Germany = 5% If you use covered interest arbitrage for a 1-year investment, what will be the amount of U.S. dollars you will have after one year? $1,021,621.62 O $ 1,062,743.88. O $ 1.011,268.34. $1,079,166.67

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