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Question
If the price of Japanese yen in terms of U.S. dollars is $0.01/yen, then the price of U.S. dollar in terms of Japanese yen is equal to ___________.
a. 0.01 yen per dollar
b. 10.0 yen per dollar
c. 100 yen per dollar
d. 110 yen per dollar
Answer
This answer is hidden. It contains 1 characters.
Related questions
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Risk premium equals to:a. expected premium minus forward premium.b. expected premium plus forward premium.c. forward premium minus expected premium.d. exchange rate premium plus forward premium.
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If a currency has appreciated more than the price differential between two countries as implied by PPP, then a currency is overvalued.
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Considering the internal balance in an economy, which of the following could lead to lower interest rate and higher income?
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In foreign exchange forecasting, what is a good forecast?
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