Alumina limited of australia has called mitsubishi ufj financial group to get its opinion about the japanese yen–australian dollar exchange rate. the current rate is ¥67.72/a$, and mitsubishi thinks the australian dollar will weaken by 5% over the next year. what is mitsubishi ufj forecast of the future exchange rate

Step-by-step explanation:

If the Australian dollar weakens by 5% over the next year, then the A. L will need 5% more Australian dolar to buy Japanese yen. Calculate exchange rate after oe year as follows:

Thus, the exchange rate over the next year is ¥64.495/AUD

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step-by-step explanation:

i believe the correct answer is b.