• 2022-06-19
    If the spot exchange rate is £1=$1.50 when the market opens, and £1=$1.48 at the end of the day, the pound has appreciated, and the dollar has depreciated.
  • 内容

    • 0

      When the value of the dollar changes from 0.5 pounds to 0.75 pounds, then the pound has appreciated and the dollar has depreciated.

    • 1

      The U.S. dollar suddenly changes in value against the euro moving from an exchange rate EUR/USD of 0.8909 to 0.8709. Thus, the dollar has ________ by ________. A: appreciated; 2.30% B: depreciated; 2.30% C: appreciated; 2.24% D: depreciated; 2.24%

    • 2

      If the U.S. dollar and British pound have a flexible exchange rate, and the U.S. dollar changes so that one needs more dollars to buy one pound, the currency has A: depreciated. B: appreciated. C: devalued. D: revalued.

    • 3

      The exchange rate between dollar and pound change from $2/£1 to<br/>$1/£1 implies( ) A: an appreciation of the dollar B: a<br/>depreciation of the dollar C: a<br/>devaluation of the dollar D: an exchange rate overshooting

    • 4

      Your U.S firm has an accounts payable denominated in UK pounds due in 6 months. Toprotect yourself against unexpected changes in the dollar/pound exchange rate you shouldbuy a pound put option.