Canadian dollar costs 084 today and traded for 086 last, Financial Management

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Canadian dollar costs 084 today and traded for 086 last

1. Canadian dollar costs $0.84 today and traded for $0.86 last year, then how much USD appreciates/depreciates?

2. Suppose the dollar is currently worth 110 yen. What happens to exchange rate if nothing happens to trade flow between two countries, while U.S. inflation rates exceed the inflation rate in Japan?

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Financial Management: Canadian dollar costs 084 today and traded for 086 last

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Financial Management: Canadian dollar costs 084 today and traded for 086 last

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