Calculating par values against the dollar and gold. In 1958, the French franc (FF) was defined as

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Calculating par values against the dollar and gold. In 1958, the French franc

(FF) was defined as worth 1/175 ounce of gold. What was the FF’s par value against the dollar? What were the floor and ceiling exchange rates within which the French franc was allowed to fluctuate?

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International Corporate Finance Value Creation With Currency Derivatives In Global Capital Markets

ISBN: 9781119550464

2nd Edition

Authors: Laurent L. Jacque

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Question Posted: Mar 09, 2024 01:00 AM

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Calculating par values against the dollar and gold. In 1958, the French franc (FF) was defined as

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International Corporate Finance Value Creation With Currency Derivatives In Global Capital Markets

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