15 Buxton plc is thinking of investing in Country Y. The expected return is 20% with a...

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15 Buxton plc is thinking of investing in Country Y. The expected return is 20% with a standard deviation due to currency movements of 5%. However, ten years ago Country Y’s currency fell by 40%. How should Buxton assess this risk?

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Exploring Economics

ISBN: 9780324395464

4th Edition

Authors: Robert L. Sexton

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