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> Question 15 25 pts In the summer of 1997, the Thai goverment considered changing the value of the local currency from THB25.00/$ to THB29.50/$.

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> Question 15 25 pts In the summer of 1997, the Thai goverment considered changing the value of the local currency from THB25.00/$ to THB29.50/$. What would be the percentage change in the value of the bahe? 0 +13.79% 0 -15.25% 0 -14.53% 0 -13.79% 2.5 pts Question 16 The current U.S. dollar-yen spot rate is 125.00V/$. If the 90-day forward exchange rate is 128.00 /$ then the yen is selling at a per annum of discount: 9.38% O premium: 9.38% discount; 6.30% O premium: 6.30% 2.5 pts

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