Zest CO.(U.S. based) has a subsidiary in Japan. The expected cash flows in Japanese Yen...
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Zest COUS based has a subsidiary in Japan. The expected cash flows in Japanese Yen JPY to be received in the future from this subsidiary have not changed since last month, but the valuation of Zest Co has increased since last month. What could have caused this increase in value? a depreciation of the JPY b higher Japanese interest rates c appreciation of the JPY d a stronger Japanese economy 
Zest COUS based has a subsidiary in Japan. The expected cash flows in Japanese Yen JPY to be received in the future from this subsidiary have not changed since last month, but the valuation of Zest Co has increased since last month. What could have caused this increase in value?
a depreciation of the JPY
b higher Japanese interest rates
c appreciation of the JPY
d a stronger Japanese economy
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