Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Safari File Edit View History Bookmarks Window Help O Sat 1:41 PM Q QE . . . mathxl.com C 4) Blackboard | New Jersey City

image text in transcribedimage text in transcribed
Safari File Edit View History Bookmarks Window Help O Sat 1:41 PM Q QE . . . mathxl.com C 4) Blackboard | New Jersey City University Do Homework - HW 9 Course Hero * 18261082 440*187 pixels + FINC3641628 International Finance Spring 2021 Timeeka Milton & | 04/17/21 1:40 PM Homework: HW 9 Save Score: 1.6 of 3 pts 1 3 of 5 (4 complete) HW Score: 35.38%, 4.6 of 13 pts x Problem 9-9 (algorithmic) Question Help Trepak-The Russian Dance. Calculate the percentage change in the value of the ruble for the two different cross rates shown in the table : for the five periods. Did the ruble fall further against the U.S. dollar or the Swiss franc? The percentage change in Russian rubles per U.S. dollar is 23.59 %. (Round to two decimal places.) In this period, did the ruble fall further against the U.S. dollar or the Swiss franc? (Select the best choice below.) O A. In this period, the ruble fell further against the U.S. dollar. O B. In this period, the ruble fell further against the Swiss franc. C. In this period, the percentage change did not fall. However, the ruble rose further against the Swiss franc. D. In this period, the percentage change did not fall. However, the ruble rose further against the U.S. dollar. J E. In this period, the percentage change was the same for the ruble against the Swiss franc and the U.S. dollar. For the period from December 24, 2014 to January 16, 2015: The percentage change in Russian rubles per Swiss franc is |%. (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. ? 2 parts remaining Clear All Final Check APR 2 22226 ... 17 W OSafari File Edit View History Bookmarks Window Help O Sat 1:41 PM Q . . . mathxl.com C 4) Blackboard | New Jersey City University Do Homework - HW 9 Course Hero * 18261082 440*187 pixels + FINC3641628 International Finance Spring 2021 Timeeka Milton & | 04/17/21 1:41 PM Homework: HW 9 Save Score: 1.6 of 3 pts 3 of 5 (4 complete) HW Score: 35.38%, 4.6 of 13 pts x Problem 9-9 (algorithmic) Question Help Trepak-The Russian Dance Calculate the percentage change in the value of the ruble for the two different ames rates shown in the table AID for the five norinds Did the ruble fall further against the U.S. dollar or the Swiss franc? i Data Table X The percentage cha In this period, did th Russo-Swiss Cross-2015 O A. In this perio Switzerland has long served as a cornerstone of banking conservatism and a safe port in a world of currency storms. Swiss banks had long been used by investors from all over the world as financially secure institutions that would preserve the depositor's wealth with confidentiality. A large part of the security offered was the Swiss franc B. In this perio itself. Russian citizens of wealth had used Swiss banks heavily in recent years as a place where they could shelter their capital from politics, both inside Russia and the C. In this perio outside (EU and US) world. But beginning in the fall of 2014 the Russian ruble's value began to slide against the Swiss franc, threatening their wealth. O D. In this perio Exchange Rates Nov. 7, 2013 Nov. 7, 2014 Dec. 4, 2014 Dec. 16, 2014 Dec. 24, 2014 Jan. 16, 2015 O E. In this perio Russian rubles per Swiss franc 35.288 48.255 56.247 70.287 55.363 76.637 For the period from Russian rubles per U.S. dollar 32.405 46.734 54.416 67.509 54.623 65.068 The percentage chi Print Done Enter your answer ? 2 parts remaining Clear All Final Check APR 2 22226 17 . . .. W O

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Austro-corporatism Past, Present, Future

Authors: Gunter Bischof

1st Edition

1000675858, 9781000675856

More Books

Students also viewed these Economics questions