4. During 1989, the Mexican stock market climbed 112% in peso terms, whereas the peso depreciated by
Question:
4. During 1989, the Mexican stock market climbed 112%
in peso terms, whereas the peso depreciated by 28.6%
against the U.S. dollar. What was the dollar return on the Mexican stock market during the year?
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Related Book For 
International Financial Management
ISBN: 9781118929322
10th Edition
Authors: Alan C. Shapiro, Peter Moles
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