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I need help with both 6 and 7 6 Chinese Yuan Revaluation. You believe that the Chinese currency should not only be revalued against the
I need help with both 6 and 7
6 Chinese Yuan Revaluation. You believe that the Chinese currency should not only be revalued against the L revalued by another 23.6%, what would be the new exchange rate value if the yuan was revalued an additional 23.6% from its initial post-revaluation rate of8.28/$ to 8.11/S? 7 Ranbaxy, an India-based pharmaceutical firm, produces all products in India, with costs and pricing initially stated in Indian rupees (Rp), but converted to Brazilian reais (R$) for distribution and sale in Brazil. In 2009, the unit volume was priced at Rp21,320, when the exchange rate was Rps20.5/R$. But in 2010, the real appreciated in value versus the rupee, averaging Rp26.15/R$. In order to preserve the real price (and product profit margin in rupees), what should the new rupee price be set atStep by Step Solution
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