19–1. (Converting currencies) An American business needs to pay (a) 10‚000 Canadian dollars‚ (b) 2 million yen‚ and (c) 50‚000 Swiss francs to businesses abroad. What are the dollar payments to the respective countries? (a) Canadian dollars: U.S dollar payment = 10‚000 Canadian $ x .8437 = $8‚437 In order to buy 10‚000 Canadian dollars‚ the American business needs $8‚299‚ given that the exchange rate is $0.8437 (b) Japanese yen: U.S. dollar payment = 2‚000‚000 yen x .004684 = $9‚368
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Effects on Exchange Rates • Assume that the U.S. inflation rate becomes high relative to Canadian inflation. Other things being equal‚ how should this affect the (a) U.S. demand for Canadian dollars‚ (b) supply of Canadian dollars for sale‚ and (c) equilibrium value of the Canadian dollar? Demand for Canadian dollars should increase‚ Supply of Canadian dollars for sale should decrease‚ and The Canadian dollar’s value should increase. 1 Interest Rate Effects on Exchange Rates • Assume
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diminishing trust in the Harper Government to develop a campaign based on change and an open and inclusive government. Canadians responded well to this approach‚ and this was demonstrated through an increase in voter turnout and a majority government for the Liberals. I developed this survey out of interest specifically in trust in government following this election. Do Canadians trust their new government? If they don’t‚ what could the government do better? This survey uses a number of variables
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scenario where a Canadian Company‚ Pixonix‚ has to pay a U.S. Company $7.5million for licensed proprietary tools and software in 2 months and 29 days and the decision Mikayla Cain has to face regarding the currency risk of the companies future obligation. Thus‚ the major issue with this transaction is the currency risk faced by Pixonix. Currently one Canadian dollar is worth $1.0717 U.S. dollars‚ however there is considerable amount of uncertainty about whether or not the Canadian dollar will depreciate
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Question 1: The problem a. What is Pixonix home currency? The Canadian Dollar b. What is Pixonix exchange rate exposure? What are they concerned about? Canadian Dollar appreciates versus the US Dollar. They are concerned about the decline of the Canadian Dollar that is forecasted in the second half of the following year. Question 2: Scenario Analysis/Calculations (please state your assumptions to get full credit) Assume the following 3 possible exchange rate scenarios: i. USD/CAD
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Battle of Passchendale: 1) Background: a. General Douglas Haig‚ British General‚ believed that the morale of the German army was very low - especially after the success of the Allies at the Battle of Messines. i. He thought that the Allies could use this low morale and go across Flanders without much trouble. b. British were afraid that the Russians were going to pull out soon so they had to attack soon before the German forces only had to focus on the western
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to the signing of the Statute of Westminster; creating the Charter of Rights and Freedoms to the making of the Canadian flag‚ Canada has become a symbol of love‚ peace and justice. One question however still remains unanswered: what is the “Canadian Dream”? Some say there is no dream‚ while others might believe it is the same as the illusive “American Dream”. I assure you that the “Canadian Dream” reflects a prosperous family lifestyle. It ensures the health‚ education‚ safety and well-being of a family
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true Display “Welcome to the international currency conversion program” Display “Please make a selection” Display “international Currency Types:” Display “1: Canadian Dollars” Display “2: Mexican Pesos” Display”3: English Pounds” Display “4: Japanese Yen” Display “5: French Francs” Display “6: Quit:
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one of the most famous battles of World War I and a Canadian general‚ Arthur Currie‚ was the key of this victory. It was the first battle that the majority of the force was consisted of the Canadians attacked together‚ led by a Canadian General‚ and achieved a magnificent victory. British and France spend approximately 2 years to stalemate with German to take control of the Vimy Ridge. On spring 1917‚ the task was finally given to the Canadian Corps. But how would Canada capture down Vimy Ridge
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Bibliography: * Copp‚ Terry‚ Symes‚ Matt& Lachance‚ Nick. Canadian Battlefields 1915-1918. LCMSDS Press/Wilfrid Laurier University Press. 2011. Print. * Duffy‚ Michael * Evans‚ David. The First World War. Hodder Arnold & Contemporary Books. 2004. Print. * Prior‚ Robin & Wilson‚ Trevor. Passchendaele
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