Question
The Big Mac Index says that 11 countries are under-valued. From the perspective of investors in those countries, what does this imply about their valuation
The Big Mac Index says that 11 countries are under-valued. From the perspective of investors in those countries, what does this imply about their valuation of US stocks at the present time?
What does it imply about these foreign investors perceived risk and return of US stocks at the present time?
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
