A share of the ADR of a Dutch firm represents one share of t…

A share of the ADR of a Dutch firm represents one share of that firm’s stock that is traded on a Dutch stock exchange. The share price of the firm was 15 euros when the Dutch market closed. As the U.S. market opens, the euro is worth $1.10. Thus, the price of the ADR should be ____.

You just came back from Canada, where the Canadian dollar wa…

You just came back from Canada, where the Canadian dollar was worth $[x]. You still have C$[y] from your trip and could exchange them for dollars at the airport, but the airport foreign exchange desk will only buy them for $[z]. Next week, you will be going to Mexico and will need pesos. The airport foreign exchange desk will sell you pesos for $[d]per peso. You met a tourist at the airport who is from Mexico and is on his way to Canada. He is willing to buy your C$[y] for [v] pesos. Calculate the amount of pesos you would receive if you exchange the C$ for pesos at the foreign exchange desk. Round your answer to the nearest whole peso.  Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. A negative value should be indicated by a minus sign. Do not include the  pesos sign.    

Livingston Co. has a subsidiary in Korea. The subsidiary rei…

Livingston Co. has a subsidiary in Korea. The subsidiary reinvests half of its net cash flows into operations and remits half to the parent. Livingston’s expected cash flows from domestic business are $100,000, and the Korean subsidiary is expected to generate 100 million Korean won at the end of the year. The expected value of the won is $.0012. What are the expected dollar cash flows of Livingston Co.?