Question
Mrs. Jones owns 100 shares of stock in Daimler-Benz valued at 16.5 Euros per share. What is the value in $U.S. of her stock if:
0.90 € = $1
Value of 100 shares at €16.5 per share 1,650.00 Euros
Value of 1,650.00 Euros at 0.90 € = $1 is $1,833.33
0.70 € = $1
Value of 1,650.00 Euros at 0.70 € = $1 is $2,357.14
1.20 € = $1
Value of 1,650.00 Euros at 1.20 € = $1 is $1,375.00
0.90 € = $1
Value of 100 shares at €16.5 per share 1,650.00 Euros
Value of 1,650.00 Euros at 0.90 € = $1 is $1,833.33
0.70 € = $1
Value of 1,650.00 Euros at 0.70 € = $1 is $2,357.14
1.20 € = $1
Value of 1,650.00 Euros at 1.20 € = $1 is $1,375.00