Assignment Help - homework help

Last week the usdzar exchange rate was 142125 this week the


1. Last week, the USD/ZAR exchange rate was 14.2125. This week, the exchange rate is 14.5447. How much has the South African rand depreciated/appreciated against the U.S. dollar?

a. depreciated by 2.28%

b. appreciated by 2.28%

c. depreciated by 2.34%

d. appreciated by 2.34%

2. Last week, the USD/ZAR exchange rate was 14.2125. This week, the exchange rate is 14.5447. How much has the U.S. dollar depreciated/appreciated against the South African rand?

a. depreciated 2.28%

b. appreciated 2.28%

c. depreciated 2.34%

d. appreciated 2.34%

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Last week the usdzar exchange rate was 142125 this week the
Reference No:- TGS01252936

Expected delivery within 24 Hours