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a) Assume that you are an US Multinational company, decided to set up an operation in Germany. Currently the equilibrium exchange rate is priced at
a) Assume that you are an US Multinational company, decided to set up an operation in Germany. Currently the equilibrium exchange rate is priced at $1 = 0.95EUR. using the demand and supply diagram show how does investment in foreign operation have impact on US dollar against EUR
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
