Question
Suppose that SPY: SPDR S&P 500 ETF Trust closed at $302.46 on March 5th and closed at $297.46 the following day, March 6th. What was
"Suppose that SPY: SPDR S&P 500 ETF Trust closed at $302.46 on March 5th and closed at $297.46 the following day, March 6th. What was the percent change of SPY?"
| 1.68% | ||
| -1.65% | ||
| -1.68% | ||
| 1.65% |
2-Suppose that the current spot exchange rate of USD for Chinese Yuan is 0.14 USD / CNY. If inflation in China is 2.7% and inflation in the US 1.6%, what would the new spot exchange rate be?"
| 0.138 USD/CNY | ||
| 0.142 USD/CNY | ||
| 0.140 USD/CNY |
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Business Finance
Authors: Brian Watts
8th Edition
0712110720, 978-0712110723
