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International Financial Management 2nd Edition by Geert Bekaert ,Robert Hodrick
Edition 2ISBN: 978-0132162760International Financial Management 2nd Edition by Geert Bekaert ,Robert Hodrick
Edition 2ISBN: 978-0132162760 Exercise 12
Web Problem: Go to www.oanda.com/currency/ big-mac-index. Oanda reports the last available Big Mac index but then updates the exchange rates on a regular basis to compare them with the PPP-based exchange rates. What are currently the most undervalued and overvalued exchange rates How would you use this information in forecasting exchange rates
Explanation
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Details are as per July 2013, the Big ma...
International Financial Management 2nd Edition by Geert Bekaert ,Robert Hodrick
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