A major U.S. multinational firm has forecast the euro/dollar rate to be €1.10/$ one year hence, and an exchange rate of $1.40 for the British pound (£) in the same time period
What does this imply the company's expected rate for the euro per pound to be in one year?
A) €1.40/£
B) £1.40/€
C) £1.54/€
D) €1.54/£
Answer: D
Business
You might also like to view...
__________ is the ability to influence other people's behavior, to persuade them to do things that they otherwise would not do, and to overcome resistance and opposition.
Fill in the blank(s) with the appropriate word(s).
Business
Investors who want to know the amount of cash a company has available for new opportunities, such as expanding into a new sales region, should analyze the company's ________
A) free cash flow B) net cash flow from investing activities C) acid ratio D) earnings per share
Business