How many yen could one u.s. dollar buy tomorrow

Reference no: EM13293713

Suppose 144 yen could be purchased in the foreign exchange market for one U.S. dollar today. If the yen depreciates by 8.0% tomorrow, how many yen could one U.S. dollar buy tomorrow?

Answer

155.5 yen
144.0 yen
133.5 yen
78.0 yen
72.0 yen

Reference no: EM13293713

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