Question
From January 2016 to January 2017, the EUR appreciated 10% against the USD. If Norvatis, a European pharmaceutical company, raises the price of its hypertensive
From January 2016 to January 2017, the EUR appreciated 10% against the USD. If Norvatis, a European pharmaceutical company, raises the price of its hypertensive drug by 4%, what is the percentage pass-through? (pick one answer)
a) 4%
b) 40%
c) 150%
d) 10%
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Finance For Nonfinancial Managers
Authors: Gene Siciliano
2nd Edition
0071824367, 978-0071824361
