Calculate both the percentage appreciation of the currency

Assignment Help Finance Basics

Reference no: EM131289964

One month ago, the Mexican peso (Ps) - U.S. dollar exchange rate was Ps9.0395/$ ($0.1107/Ps). This month, the exchange rate is Ps9.4805/$ ($0.1055/Ps). State which currency appreciated and which depreciated over the last month, and then calculate both the percentage appreciation of the currency that rose in value and the percentage depreciation of the currency that declined in value.

Reference no: EM131289964

Questions Cloud

Is there a cybersecurity industry : You have been invited to present your "case study research" Is there a cybersecurity industry? during a "lightening round" panel for your CTO's monthly "brown bag" luncheon. The CTO sponsors these panels to help staff members learn more about tech..

Why is rubisco the most abundant enzyme : In addition to being highly abundant in chloroplasts, Rubisco is the most abundant enzyme on the planet. Why is Rubisco the most abundant enzyme and why is this important?

Describe the cost plus pricing method : Describe the cost-plus pricing method and discuss why marketers use it even if it is not the best method for setting prices.

Describe the two broad new product pricing strategies : What is price elasticity? Why is it important for marketers to consider price elasticity when making pricing decisions?

Calculate both the percentage appreciation of the currency : State which currency appreciated and which depreciated over the last month, and then calculate both the percentage appreciation of the currency that rose in value and the percentage depreciation of the currency that declined in value.

What other factors might contribute such as financial issues : What other factors might contribute such as financial issues, etc.? Make sure to include at least one paragraph in your response and explain your answer with detailed information.

How do marketers use psychological pricing : How do marketers use psychological pricing to communicate something about the product?- What is the Consumer Price Index (CPI)?

Determine the minimum average cash balance : Determine the minimum average cash balance that would make this ZBA a benefit to the fi rm. Assume a 365-day year.

Identify the recommended childhood immunizations : Identify the recommended childhood immunizations. Explain the dose schedule, the side effects, booster needed, and the potential complications of each immunization.

User Account

All Pages