Question
Given the following: U.K. Inflation: 2018: 2.3% --- 2019: 1.7% --- 2020: 1.0% Australian Inflation: 2018: 1.9% --- 2019: 1.6% --- 2020: 0.8% AUD/GBP: 0.5767
Given the following: U.K. Inflation: 2018: 2.3% --- 2019: 1.7% --- 2020: 1.0% Australian Inflation: 2018: 1.9% --- 2019: 1.6% --- 2020: 0.8%
AUD/GBP: 0.5767 (Jan 1 2018) --- 0.5675 (Jan 1 2021)
During the three-year period above, the real change in the value of the AUD in terms of GBP was?
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Financial Modeling
Authors: Simon Benninga, Tal Mofkadi
5th Edition
0262046423, 9780253337825
