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4. The CFO at SmithKlone Company receives a lump sum payment from a foreign vendor...

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4. The CFO at SmithKlone Company receives a lump sum payment from a foreign vendor of 2,000 euros and intends to convert them to US$. When she calls her currency broker, the quote given is 0.6250-0.6667/USS. What can she expect to realize in US$ from the broker? 5. If the Japanese yen was worth $0.0035 six months ago and is now worth $0.0045 today, how much has the yen appreciated or depreciated

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