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.You want to convert AUD 3 million into Japanese Yen (JPY). The exchange rate is 133.3336 JPY/USD, and 0.6456 USD/AUD. How much is AUD 3 million worth in JPY? (Round to two decimal places) (A) JPY 619,579,925.65 (B) JPY 34,851.23 (C) JPY 14,525.97 (D) JPY 258,240,516.48

.You want to convert AUD 3 million into Japanese Yen (JPY). The exchange rate is 133.3336 JPY/USD, and 0.6456 USD/AUD. How much is AUD 3 million worth in JPY? (Round to two decimal places) (A) JPY 619,579,925.65 (B) JPY 34,851.23 (C) JPY 14,525.97 (D) JPY 258,240,516.48

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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1.You want to convert AUD 3 million into Japanese Yen (JPY). The exchange rate is 133.3336 JPY/USD, and 0.6456 USD/AUD. How much is AUD 3 million worth in JPY? (Round to two decimal places)

(A) JPY 619,579,925.65 (B) JPY 34,851.23 (C) JPY 14,525.97 (D) JPY 258,240,516.48

 

2.Which of the following foreign exchange rate quotes is given an indirect quote from an American's perspective?

(A) 0.6671 USD/AUD (B) 1.2407 USD per GBP (C) 1 USD = 1.3493 CAD (D) 0.1452 USD per any

 

 

3.If the AUD appreciates against the USD, from an Australian's perspective, the direct quote of the AUD will

(A) Increase (B) Decrease (C) Unchanged (D) None of the above. 

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