49 w46 v w45 21:00 45 w41 v w42 18:00 42 2d v 2e 18:00 38 2a v 2b 18:00 41 1f v 3a/b/c 21:00 37 1a v 2c 21:00 43 1e v 3a/b/c/d 21:00 39 1b v 3a/d/e/f 21:00 44 1d v 2f 18:00 40 1c v 3d/e/f 18:00
1 Wells Fargo Global Payments Handbook Introduction This handbook has been prepared to facilitate the processing of cross-border, USD, EUR, and other currency payments
Qty Product Unit Whsl PV CV Oil Singles Arborvitae 5 ml 21,50 € 27,00 21,60 Basil 15 ml 17,00 € 21,50 17,20 Bergamot 15 ml 25,00 € 31,50 25,20
Paying international suppliers in US dollars is not the only option and, in many cases, may not be the best option The dollar is certainly the ‘world’s currency’ in the sense that the dollar is
• One point is earned for showing that the supply curve for euros shifts to the right and for concluding that the yen price of the euro decreases • One point is earned for explaining that the European purchases of Japanese financial assets will increase due to the relatively higher rate of return in Japan (c) 1 point:
Question 1: Nicola went to Italy She changed £800 into euros (€) The exchange rate was £1 = €1 40 Change £800 into euros Question 2: A new TV in Tokyo costs ¥53380 The exchange rate is £1 = ¥157 How much is the TV in pounds? Question 3: In Lisbon, a watch costs €80 In Liverpool, the same watch costs £65
Alternatively, $100,000,000 can be converted into euros and invested at the German interest rate, with the euro maturity value sold forward In this case the dollar maturity value will be $105,590,909 = ($100,000,000 x 1 01)(1 + 035)(1/0 99) Clearly, it is better to invest $100,000,000 in Germany with exchange risk hedging 2
zero, so that the interest rate on euros represents the expected effective financing rate when financing with euros 8 Break-even Financing Akron Co needs dollars Assume that the local one-year loan rate is 15 , while a one-year loan rate on euros is 7 By how much must the euro appreciate to cause the
Une équipe mixte de l'Inra et de Bordeaux Sciences Agro a remporté lundi le premier appel à projets international privé, doté de 600 000 euros, pour lutter
B Dvigne