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If the Number of ¥ Per C$1

question 248

Short Answer

If the number of ¥ per C$1.00 declines from 97.561 to 95.445, what will be the change in the C$ price to an importer of a ¥195,000 item?

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Definitions:

Stock Split

A corporate action where a company divides its existing shares into multiple shares to boost the liquidity of the shares, although the overall value of the company does not change.

Common Stock

Equity securities that represent ownership in a corporation, giving holders voting rights and a share in the company's profits via dividends.

Outstanding

Unsettled or remaining due; not yet paid, resolved, or completed.

Stock Split

A decision by a company to increase the number of its outstanding shares by issuing more shares to current shareholders.

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