subject
Law, 28.04.2021 01:00 dazzlecaptain212

A Chinese investor is looking at a property in Key West. The price of the property on June 1 is $750,000. On June 1, the U. S. dollar was trading at 1 USD = 6.5366 Yuan (CNY). The June 1 purchase price in CNY is 4,902,450.00. The investor didn’t buy the property on June 1, but bought it on November 1. The purchase price remained the same. But the exchange rate changed to 1 USD = 8.061 Yuan. What is the new purchase price in Yuan and is the U. S. dollar stronger or weaker?

ansver
Answers: 3

Another question on Law

question
Law, 16.07.2019 17:10
How long does it take to foreclose on a house
Answers: 1
question
Law, 16.07.2019 18:30
Which statement best explains why article iii of the constitution gives congress the ability to create lower courts inferior to the supreme court "from time to time”? a.the framers of the constitution believed that as the country grew, more courts would be needed to meet its needs. b.the framers of the constitution believed that as courts made unpopular decisions, they would need to be replaced. c.the framers of the constitution wanted to ensure that congress always had more power than the courts. d.the framers of the constitution wanted to ensure that new courts were always being created so new judges could be appointed.
Answers: 3
question
Law, 16.07.2019 19:40
What is a reverse mortgage and how does it work
Answers: 3
question
Law, 16.07.2019 23:30
Difference between voluntary and involuntary manslaughter
Answers: 2
You know the right answer?
A Chinese investor is looking at a property in Key West. The price of the property on June 1 is $750...
Questions
question
Mathematics, 04.05.2021 01:10
question
Mathematics, 04.05.2021 01:10
question
Mathematics, 04.05.2021 01:10
question
Mathematics, 04.05.2021 01:10
question
Mathematics, 04.05.2021 01:10
Questions on the website: 13722367