What would be the new indirect quote rate

Reference no: EM132966533

(a) If on one day the indirect quote between mark and dollar was M2.10 per $1.00, and on the next day the dollar appreciated by 6 percent, what would be the new indirect quote rate?

(b) If the Swiss franc was quoted as $0.29 (direct quote) yesterday and the dollar appreciated by 7 percent today, what would be the new direct quote rate for the Swiss franc?

Reference no: EM132966533

Questions Cloud

What are Samanta capital structure weights on a book value : Samanta also has a bank loan of 200 million on which the interest rate is 15 percent. What are Samanta's capital structure weights on a book value

What type of investment is it where the company buys : What type of investment is it where the company buys new machinery that will both save them money in the long run and lower noise and is better for pollution

Providing top brands in cleaning solution in thailand : Please help me by providing top brands in cleaning solution in thailand that is good in sustainability, cleaner in water and safer.

Describe the transaction broker business model : Define and describe the transaction broker business model and discuss the eight components of the business model for this type of B2C firm.

What would be the new indirect quote rate : What would be the new indirect quote rate and what would be the new direct quote rate for the Swiss franc?

Examples of global trade lessening the quality of life : It has been said that global trade improves the quality of life. Do you believe that this is true? Are there examples of global trade lessening the quality of l

What amount represents kline initial basis in partnership : In addition, the equipment is subject to a $10,000 loan that KS Partnership is assuming. What amount represents Kline's initial basis in the partnership

Create a culture based on self-disclosure : Sheila's workgroup is using a communication technique that helps create a culture based on self-disclosure and information sharing, encouraging individuals to s

Disadvantage of the staff consultation methods : List 1 advantage and 1 disadvantage of the following staff consultation methods:

User Account

All Pages