国际金融资本预算以货币风险(ppt 54页).pptVIP

Exchange Rates Example Honda builds a new car in Japan for a cost + profit of 1,715,000 yen. At an exchange rate of 101.18:$1 the car sells for $16,950 in Baltimore. If the dollar rises in value, against the yen, to an exchange rate of 105:$1, what will be the price of the car? 1,715,000 = $16,333 105 Conversely, if the yen is trading at a forward discount, Japan will experience a decrease in purchasing power. Exchange Rates Example Harley Davidson builds a motorcycle for a cost plus profit fo $12,000. At an exchange rate of 101.18:$1, the motorcycle sells for 1,214,160 yen in Japan.