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| Use the globalEDGE™ site to complete the following exercises: 1. In general, your current position in a company based in the United States requires you to keep updated on trends in the foreign exchange market. As such, a recent capital project will require a significant greenfield investment in Japan. Download the most recent forecast that analyzes the U.S. dollar and Japanese yen and prepare a brief report. What particular trends must your company keep in mind while continuing with this investment project? Are there any dangers you should keep aware of in the near future? 2. As an entrepreneur, you are interested in expanding your business to either Sweden or Turkey. As part of your initial analysis, you would like to know how much minimum investment is needed to enter each of these markets. To have an appropriate estimate, you hire a consulting firm to perform an initial investment analysis. The consulting firm provides a short report concerning the level of minimum investment needed for each country. Taken from the report, the minimum investment amounts enclosed are: one hundred million Swedish krona and forty-five million Turkish lira. To make a clear comparison by using current exchange rates, you must convert each currency to U.S. dollars and suggest which country provides the better investment. |