Langer plc is worried about a fall in the Australian dollar by 5 per cent, compared to
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Langer plc is worried about a fall in the Australian dollar by 5 per cent, compared to the present A$2.75 per £1 that might inflict translation losses regarding its A$100 million assets located in Adelaide.Why should it not worry?
(UK inflation is 2 per cent. Australian inflation is 7 per cent.)
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Related Book For 
Corporate Finance And Investment Decisions And Strategies
ISBN: 9780273695615
5th Edition
Authors: Richard Pike, Bill Neale
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