Renminbi Revaluation. Many experts believe that the Chinese currency should not only be revalued against the U.S. dollar as it was in July 2005, but also be revalued by 25% or 35%. What would be the...

Extracted text: Renminbi Revaluation. Many experts believe that the Chinese currency should not only be revalued against the U.S. dollar as it was in July 2005, but also be revalued by 25% or 35%. What would be the new exchange rate value if the yuan was revalued an additional 25% or 35% from its initial post-revaluation rate of Yuan 8.14/$? ..... The 25% revalued exchange rate will be Yuan /S. (Round to two decimal places.)