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what is the exchange rate for usd/egp The following table shows the hypothetical values for the consumer price indexes (CPI) of the U.S., Egypt, and
what is the exchange rate for usd/egp
The following table shows the hypothetical values for the consumer price indexes (CPI) of the U.S., Egypt, and Germany in 2015 and 2020. Their currencies are, respectively, U.S. dollar (USD), Egyptian pound (EGP), and Euro (EUR). Suppose that exchange rates in 2015 were: USD/EGP=0.1328, EGP/EUR=8.7570. U.S. (USD) Egypt (EGP) Germany (EUR) CPI in 2015 200 50 100 CPI in 2020 220 80 106 What is the exchange rate for USD/EGP in 2020, assuming that the purchasing power parity holds during the period? [Round your answer to 4 decimal places]Step by Step Solution
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The House That Bogle Built How John Bogle And Vanguard Reinvented The Mutual Fund Industry
Authors: Lewis Braham
1st Edition
0071749063,0071751157
