Suppose one us dollar can purchase 128 yen today if the yen


1. Suppose one U.S. dollar can purchase 128 yen today. If the yen depreciates by 2% tomorrow, how many yen could one U.S. dollar buy tomorrow?

2. The exchange rate is 1.0291 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 3,221 Swiss francs?

3. A semiannual 10% coupon bond that matures in 40 years has a current price of $800. What is its yield to maturity (YTM)? Please show work in full detail

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Financial Management: Suppose one us dollar can purchase 128 yen today if the yen
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