The Current Spot Exchange Rate Between the Japanese Yen and the Canadian

question 114

Multiple Choice

The current spot exchange rate between the Japanese yen and the Canadian dollar is ×75.00/$.The yen is expected to appreciate by 6% against the dollar over the next six months.What do you expect the spot exchange rate between the yen and the dollar to be six months from now?

• A) ×70.50/$
• B) ×79.50/$
• C) ×84.00/$
• D) ×75.00/$

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