Reference no: EM132395051
Complete the following:
1. Examine the concept of the exchange rate between the Japanese yen and the U.S. dollar. Choose a Japanese company, such as Toyota, Canon, or Mitsubishi, and identify a strategy that the company might consider to reduce its currency exchange risk associated with Japanese and U.S. currencies.
2. Write an analysis in which you include the following:
- Identify the exchange rate of the Japanese yen and the U.S. dollar.
- Discuss the resulting value of selling goods in the United States exported from Japan.
- Explain how weekly changes in the exchange rate would affect profitability for exports from Japan to the United States.
- Identify risks related to changes in the exchange rate from a management perspective.
3. Support your analysis with references from the Capella University Library, globalEDGE, or other Internet sources.
Additional Requirements
Use the following guidelines when writing your analysis:
- Length: 250-500 words.
- Writing: Your analysis should be free of grammar and spelling errors, demonstrating strong written communication skills.
- Format and References: Use proper APA-formatted references and in-text citations when identifying your sources.
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