Yesterday the Spot Exchange Rate of Yen-To-Canadian Dollar Was 65

question 5

Multiple Choice

Yesterday the spot exchange rate of Yen-to-Canadian Dollar was 65.What is today's spot exchange rate if the Yen has appreciated 10% against the Dollar today?

• A)¥58.50/$
• B)¥60/$1.10
• C)¥65/$
• D)¥75/$1.10

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Definitions:

Stable Value System

Refers to an established and consistent set of beliefs and ethical standards that guide an individual or organization's behavior.

Strong Cultures

The set of shared beliefs and values that strongly influence the behavior of individuals within an organization.

Subcultural Values

The unique values and norms shared by a subgroup within a larger society, often differing or opposing the dominant culture's values.

Bicultural Audit

An evaluation of an organization's ability to integrate and respect two or more cultural backgrounds within its operations or strategies.