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    Multinational Financial Management Study Set 1
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    Exam 2: The Determination of Exchange Rates
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    Suppose That the Brazilian Real Devalues by 40% Against the U.S.dollar.By
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Suppose That the Brazilian Real Devalues by 40% Against the U.S.dollar.By

Question 34

Question 34

Multiple Choice

Suppose that the Brazilian real devalues by 40% against the U.S.dollar.By how much will the dollar appreciate against the real?


A) 67%
B) 40%
C) 32%
D) 28%

Correct Answer:

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