On February 14, 1994, the dollar fell from 106.85 to 102.65. Meanwhile, the Tokyo stock market fell
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On February 14, 1994, the dollar fell from ¥106.85 to ¥102.65. Meanwhile, the Tokyo stock market fell 1.63% as measured in yen. What was the one-day dollar return on the Tokyo stock market?
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Related Book For
Foundations Of Multinational Financial Management
ISBN: 9780470128954
6th Edition
Authors: Alan C Shapiro, Atulya Sarin
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