The nominal exchange rate is the price of one currency in terms of another currency. A nominal exchange rate specifies how many units of one country's currency are needed to buy one unit of another country's currency. Suppose the following table presents nominal exchange rate data for June 13, 2014, in terms of U. S. dollars per unit of foreign currency. Use the information in the table to answer the questions that follow.
Foreign Currency Cost of One Unit of Foreign Currency
(Dollars)
Brazilian real (BRL) 0.3666
Canadian dollar (CAD) 0.8493
Euro (EUR) 1.3288
Japanese yen (JPY) 0.009748
Mexican peso (MXN) 0.0889
United Kingdom pound (GBP) 1.8965
Suppose that on June 13, 2014, an ornamental bookcase handmade in Germany is priced at EUR 760. The approximate U. S. dollar price of the bookcase would be .
If the nominal exchange rate for the U. S. dollar–Mexican peso falls from $0.0889 to $0.066675 per Mexican peso, the Mexican peso in value, or , relative to the U. S. dollar.

Walmart’s scm system walmart is famous for its low prices, and you may have experienced its low prices first-hand. at least, you have probably seen its motto, “always low prices— always.” one of the biggest reasons walmart is able to sell at prices lower than almost everyone else is that it has a superefficient supply chain. its it-enabled supply chain management system is the envy of the industry because it drives excess time and unnecessary costs out of the supply chain. so, because walmart can buy low, it sells low. as a matter of fact, if your company wants to sell items to walmart for it to sell in its stores, you will have to do business with it electronically. if your company can’t do that, walmart won’t buy anything from you. log on to walmart’s web site (), search for supplier information, and find out what walmart’s requirements are for its suppliers to do business with it electronically. prepare a brief summary of its requirements for presentation in clas

Robert black, regional manager for ford in texas and oklahoma, faced a dilemma. the ford f-150 pickup truck was the best-selling pickup ever, yet ford's headquarters in detroit had decided to introduce a completely redesigned f-150. how could mr. black sell both trucks at the same time? he still had "old" f-150s in stock. in his advertising, mr. black referred to the new f-150s as follows: "not a better f-150. just the only truck good enough to be the next f-150." this statement represents ford's of the new f-150.

Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?