Expert answer:Complete 2 problems regarding currency appreciatio

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Expert answer:Complete Problems 1–2, applying the necessary knowledge to strategically manage global financial issues. You may need an HP 10B II Business Calculator to complete the following problems. You may use Word or Excel to complete the assessments throughout this course, but you will find Excel to be most helpful for creating spreadsheets.Problem 1: Currency AppreciationSuppose that 1 Euro could be purchased in the foreign exchange market today for $0.25. If the Euro appreciated 10 percent tomorrow against the dollar, how many Euros would a dollar buy tomorrow?Problem 2: Cross RatesAssume the exchange rate between US dollar and Indian Rupee is 60 Rupees = $1, and the exchange rate between dollar and British pound is 1 Pound = $1.5. What is the exchange rate between the Rupee and pound?
managing_global_financial_issues_scoring_guide.pdf

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11/28/2017
Managing Global Financial Issues Scoring Guide
Managing Global Financial Issues Scoring Guide
CRITERIA
NON-PERFORMANCE
BASIC
PROFICIENT
DISTINGUISHED
Calculate currency
appreciation rates.
Does not calculate
currency appreciation
rates.
Calculates currency appreciation
rates; uses incorrect calculations.
Calculates currency
appreciation rates.
Calculates currency appreciation rates;
provides an analysis of this calculation.
Calculate cross rates in
foreign currency.
Does not calculate cross Calculates cross rates in foreign
rates in foreign currency. currency; uses incorrect
calculations.
Calculates cross
rates in foreign
currency.
Calculates cross rates in foreign
currency; provides an analysis of this
calculation.
https://courserooma.capella.edu/bbcswebdav/institution/BUS-FP/BUS-FP4070/150700/Scoring_Guides/u10a1_scoring_guide.html
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