Renminbi Revaluation.Many experts believe that the Chinese currency should not only be revalued against the U.S. dollar as it was in July 2005, but also be revalued by

15%or25%. What would be the new exchange rate value if the yuan was revalued an additional15%or25%from its initial post-revaluation rate of Yuan 8.15 /$? The15% revalued exchange rate will be Yuan/$.

(Round to two decimal places.)