Foreign Exchange market

13. According to the LOP, the ZAR is a) overvalued against the HKD by about 63.41%. b) undervalued against the HKD by about 63.41%. c) overvalued against the HKD by about 6.38%. d) undervalued against the HKD by about 6.38%. e) undervalued against the HKD by about 38.81%. f) overvalued against the HKD by about 38.81%. g) None of the above