Use the Following Information to Answer Questions 10-12

question 61

Multiple Choice

Use the following information to answer questions 10-12.
Table 6.2: Spot and Forward Exchange Rates on May 5, 2012.

-Refer to Table 6.2.Comparing the yen's forward rates against the yen's spot rate,over the period of a forward contract,we would expect the yen's spot rate to:

• A) remain constant against the dollar
• B) appreciate against the dollar
• C) depreciate against the dollar
• D) depreciate against the dollar in the first 30 days and then appreciate afterward.

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Definitions:

Competitiveness

The ability of a company, country, or individual to produce goods and services at a lower cost, higher quality, or more innovatively than competitors.

Labor Costs

The expenses incurred by an employer for their workforce, including salaries, benefits, and taxes.

HR Factors

Refer to the various elements such as recruitment, selection, training, compensation, and employee relations that influence the functioning and success of the Human Resource department.