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If the dollar appreciates by 750% against the peso, obtain the implied depreciation of the peso against the dollar. [Answer = (88.24)%]
If the dollar appreciates by 750% against the peso, obtain the implied depreciation of the peso against the dollar.
[Answer = (88.24)%]
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
10th Edition
1260013820, 978-1260013825
