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Question 1 - The spot rate at the beginning of the year is NOK8.0000/$ and the spot rate at the end of the year is NOK8.4000/$. Calculate the percentage change in the value of the U.S. dollar during the year.
Question 2 - If the percentage change in the value of the U.S. dollar with respect to the Mexican peso is sMXN/$ = 100%, what should the percentage change in the value of the Mexican peso with respect to the U.S. dollar, or s$/MXN be?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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