FIN 534 RANK Imagine Your Future / FIN 534 RANK Imagine Your Future / - Page 22

Other things held constant, which of the following would tend to reduce the cash conversion cycle? • Question 22 Which of the following is NOT directly reflected in the cash budget of a firm that is in the zero tax bracket? • Question 23 Suppose one U.S. dollar can purchase 144 yen today in the foreign exchange market. If the yen depreciates by 8.0% tomorrow, how many yen could one U.S. dollar buy tomorrow? • Question 24 If the spot rate of the Israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.97 shekels per dollar, then the forward rate for the Israeli shekel is selling at a ____ to the spot rate. • Question 25