The spot rate of the japanese yen against the british pound


Toyota Exports to the United Kingdom. Toyota manufactures in Japan most of the vehicles it sells in the United Kingdom. The base platform for the Toyota Tundra truck line is ¥1,640,000.

The spot rate of the Japanese yen against the British pound has recently moved from ¥195/ £ to ¥190 / £.

How does this change the price of the Tundra to Toyota's British subsidiary in British pounds?

The original import price in British pounds is £___ (Round to two decimal places)

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Financial Management: The spot rate of the japanese yen against the british pound
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