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    Multinational Financial Management
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    Exam 2: The Determination of Exchange Rates
  5. Question
    French Euro Devalued by 17% Against the U
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French Euro Devalued by 17% Against the U

Question 13

Question 13

Multiple Choice

French euro devalued by 17% against the U.S. dollar. This is equivalent to a revaluation of the dollar against the euro by


A) 17%
B) 16.31%
C) 20.48%
D) 17.54%

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