Exchange Rate Risk What Is the Percentage Change in Value

question 118

Multiple Choice

Exchange Rate Risk What is the percentage change in value of a $50 million investment in Russia when the exchange rate changes from $1 = 7 rubles to $1 = 12 rubles?

• A) 41.67%
• B) 58.33%
• C) 36.84%
• D) 63.16%

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