Currently the spot exchange rate is 85 and sony is charging


Sony of Japan produces PSP hand held players and exports them to the United States. Last year the exchange rate was JPY75/$ and Sony charged $199 per PSP player. Currently the spot exchange rate is 85/$ and Sony is charging $179 per PSP player. What is the degree of pass through by Sony of Japan on their DVD players?

a
87.9%

b
85.43%

c
73.2%

d
4.1%

 

 

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Currently the spot exchange rate is 85 and sony is charging
Reference No:- TGS0606234

Expected delivery within 24 Hours