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Suppose the quoted spot rates are EUR0.951/USD and JPY141.52/USD. You are a U.S. citizen that...

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Accounting

Suppose the quoted spot rates are EUR0.951/USD and JPY141.52/USD. You are a U.S. citizen that has recently graduated and applied for three corporate treasury roles with the following MNCs and are weighting up the offers they have provided you:
- Adidas (German): EUR129,000 p.a
- Asics (Japan): JPY19,360,000 p.a.
- Nike (US): USD135,000 p.a
The cost of a basket of goods in the US is currently USD11,737. Rank these job offers from least to most attractive. To accept the job offer you must reside in the country in which the company operates. Suppose you're indifferent between living in Germany, the US and Japan.
Choose the correct option
a.Nike, Adidas, Asics
b.Adidas, Nike, Asics
c.Adidas, Asics, Nike
d.Asics, Nike, Adidas
e.Asics, Adidas, Nike
f.Nike, Asics, Adidas
g.All offers are equally attractive

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