Table 17.2 Foreign Exchange Quotations
$\begin{array}{llcc} \quad\quad\quad\quad\quad\quad\quad\text { U.S. Dollar Equivalent} & \text {Currency Per U.S. Dollar } \
\end{array}$
$\begin{array}{lllll}
&\underline{\text {Tuesday}}&\underline{\text {Monday}}&\underline{\text {Tuesday}}&\underline{\text {Monday}}\
\text { British Pound } & 1.4270 & 1.4390 & 0.7008 & 0.6949 \
\text { 30-day Forward } & 1.4211 & 1.4333 & 0.7037 & 0.6977 \
\text { 60-day Forward } & 1.4090 & 1.4220 & 0.7097 & 0.7032 \
\text { 180-day Forward } & 1.3930 & 1.4070 & 0.7179 & 0.7107
\end{array}$
-Refer to Table 17.2. Comparing Tuesday to the previous Monday, by Tuesday the dollar's exchange value had

Question

Table 17.2 Foreign Exchange Quotations
  $\begin{array}{llcc} \quad\quad\quad\quad\quad\quad\quad\text {  U.S. Dollar Equivalent} &  \text {Currency Per U.S. Dollar  } \
\end{array}$
$\begin{array}{lllll}
&\underline{\text {Tuesday}}&\underline{\text {Monday}}&\underline{\text {Tuesday}}&\underline{\text {Monday}}\
\text { British Pound } & 1.4270 & 1.4390 & 0.7008 & 0.6949 \
\text { 30-day Forward } & 1.4211 & 1.4333 & 0.7037 & 0.6977 \
\text { 60-day Forward } & 1.4090 & 1.4220 & 0.7097 & 0.7032 \
\text { 180-day Forward } & 1.3930 & 1.4070 & 0.7179 & 0.7107
\end{array}$
-Refer to Table 17.2. Comparing Tuesday to the previous Monday, by Tuesday the dollar's exchange value had

Quizplus · Accepted Answer

The dollar's exchange value had appreciated against the pound because the U.S. dollar equivalent of the pound had increased from Monday to Tuesday.

Table 172 Foreign Exchange Quotations U.S. Dollar EquivalentCurrency Per U.S. Dollar \begin{array}{llcc} \quad\quad\quad\quad\quad\quad\quad\text { U.S. Dollar Equivalent} & \text {Currency Per U.S. Dollar } \\\end{array} U.S. Dollar Equivalent​Currency Per U.S. Dollar ​

Table 172 Foreign Exchange Quotations $\begin{array}{llcc} \quad\quad\quad\quad\quad\quad\quad\text { U.S. Dollar Equivalent} & \text {Currency Per U.S. Dollar } \\\end{array}$