The Following Table Shows the Exchange Rate Between Several Foreign

question 49

Multiple Choice

The following table shows the exchange rate between several foreign currencies and the U.S. dollar.

-Refer to the table above.Between May 2016 and May 2017,the U.S.dollar has ________ against the yuan and has ________ against the British pound,and the yen has ________ against the U.S.dollar.

• A) appreciated; appreciated; depreciated
• B) depreciated; appreciated; depreciated
• C) appreciated; depreciated; appreciated
• D) appreciated; depreciated; depreciated

Explore the role of learning and knowledge sharing in personal and professional growth.

Understand the definition and importance of career development, career plans, and career paths.

Recognize the significance of a global and diverse perspective in career advancement and organizational effectiveness.

Identify primary and secondary categories of diversity within organizations.

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Definitions:

Forward Contract

A financial agreement between two parties to buy or sell an asset at a specified future time at a price agreed upon today.

Forward Rate

The interest rate agreed upon now for a loan to be made or currency to be delivered at a future date, used in forward contracts and currency exchange.

Future Spot Rate

The anticipated exchange rate at which one currency will be exchanged for another in the spot market at a future date.

Cash Flow Hedge

A risk management technique used by companies to protect against the risk associated with fluctuations in cash flows, typically related to future interest or currency exchange rates.