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hammer [34]
3 years ago
5

If the exchange rate between the dollar and the Swiss franc changes from 1.8 to 1.5 francs per dollar, the franc depreciates and

the dollar appreciates.
Business
1 answer:
bazaltina [42]3 years ago
6 0

Answer:

False

Explanation:

Exchange rate helps to determine the value of money in the foreign currency. If the exchange rate changes from 1.8 to 1.5 francs per dollar it means that the franc per dollar appreciates, and the dollar depreciates. Now, more dollars can be bought by trading Swiss franc compared to the previous rate. A decrease in exchange rate decreases the value of the dollar compared to the Swiss franc.

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A strategy at the business unit or product line level that focuses on improving a firm's competitive position.

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A 7-year municipal bond yields 4.8%. Your marginal tax rate (including state and federal taxes) is 39.00%. What interest rate on
Vera_Pavlovna [14]

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Interest rate on corporate bond × (1-tax rate) = Municipal bond yield

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