Question
The current price of a Lexus SUV out of Japan is 4,800,000 and the current exchange rate is 80/$. If the yen appreciates to 75/$
The current price of a Lexus SUV out of Japan is 4,800,000 and the current exchange rate is 80/$. If the yen appreciates to 75/$ and the exchange rate pass-through is 60%, what would be the new price of the automobile in the United States?
| $63,200 | ||
| $64,000 | ||
| $62,800 | ||
| $60,000 | ||
| $62,400 |
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Financial Intelligence An Entrepreneurs Guide Volume 1
Authors: Income Mastery
1st Edition
1647772648, 978-1647772642
