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Finance Assignment | Professional Writing

Author:
June 9th, 2020

6. Suppose the Swiss franc revalues from $0.40 at the beginning of the year to $0.44 at the end of the year. U.S. inflation is 5% and Swiss inflation is 3% during the year.

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What is the real devaluation () or real revaluation (+) of the Swiss franc during the year? a) + 7.9% b) 5.3% c) + 8.1% d) 1.6%

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