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$ 2 , 1 4 3 5 - 1 . 1 5 4 3 = C H 5 1 2 0 % + 1 .

$2,1435-1.1543=CH51
20%+1.5% TL and 7. Reat required retum is 5% percent in Turkey and 1% in Japan Calculate the i-year iorward rase , with respect to PP?.
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