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A foreign currency will on average depreciate against the US dollar by a percentage rate approximately equal to the amount by which the foreign countries
A foreign currency will on average depreciate against the US dollar by a percentage rate approximately equal to the amount by which the foreign countries inflation rate exceeds that of the United States, true or falsE?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
