Exhibit 15.4 illustrated how the market capitalization of Semen Gresik varied over four different dates in the
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Exhibit 15.4 illustrated how the market capitalization of Semen Gresik varied over four different dates in the summer of 1998. If the measure of "value" for this Indonesian company is actually the U.S. dollar and not the Indonesian rupiah, how should the exchange rate between the rupiah and dollar affect the rupiah share price?
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Multinational Business Finance
ISBN: 9780201635386
9th Edition
Authors: David K. Eiteman, Michael H. Moffett, Arthur I. Stonehill, Denise Clinton
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