How does China Noahs profitability (using return on sales as the primary metric) change depending on whether

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How does China Noah’s profitability (using return on sales as the primary metric) change depending on whether the IDR/CNY exchange rate follows

(a) forecast spot rates,

(b) forward rate quotes, or

(c) fixed rate baseline assumption?

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Multinational Business Finance

ISBN: 9781292270081

15th Global Edition

Authors: David Eiteman, Arthur Stonehill, Michael Moffett

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