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TL=Turkish Lira The spot rate is 7,35TL/$ .The iflation rate in TL is %22 , whereas the inflation rate in the US is 2.1% .According
TL=Turkish Lira
The spot rate is 7,35TL/$ .The iflation rate in TL is %22 , whereas the inflation rate in the US is 2.1% .According to the Purchasing Power Parity Theorem what'd be the FX rate one year from today? What is the amount of appreciation in US $?
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Management And Cost Accounting
Authors: Charles T. Horngren, George Foster, Srikant M. Datar
3rd Edition
