Based on the following information,the value of the U.S.dollar will _____ with respect to the yen and will _____ with respect to the Canadian dollar. $$\begin{array} { l c }
\text { Currency } & \text { Currency per U.S. \$ } \
\text { Japan yen } & 110.05 \
\text { 6-months forward } & 113.75 \
\text { Canada dollar } & 1.1379 \
\text { 3-months forward } & 1.1339
\end{array}$$

Question

Based on the following information,the value of the U.S.dollar will _____ with respect to the yen and will _____ with respect to the Canadian dollar. $$\begin{array} { l c } 
\text { Currency } & \text { Currency per U.S. \$ } \
 \text { Japan yen } & 110.05 \
\text { 6-months forward } & 113.75 \
\text { Canada dollar } & 1.1379 \
\text { 3-months forward } & 1.1339
\end{array}$$

Quizplus · Accepted Answer

The U.S. dollar will appreciate against the yen because it will take more of that currency to buy one U.S. dollar. The U.S. dollar will depreciate against the Canadian dollar because it will take less of that currency to buy one U.S. dollar in the future as compared to today.

Based on the Following Information,the Value of the U A)appreciate; Appreciate B)appreciate; Depreciate C)depreciate; Appreciate D)depreciate; Depreciate E)depreciate; Remain

Based on the Following Information,the Value of the U A)appreciate; Appreciate
B)appreciate; Depreciate
C)depreciate; Appreciate
D)depreciate; Depreciate
E)depreciate; Remain