Examlex
If the equilibrium exchange rate between U.S.dollars and Japanese yen is $0.008 = 1 yen,but currently the exchange rate is $0.007 = 1 yen,then with flexible exchange rates the dollar price of a yen will __________,and the dollar will __________.
Capital Gains Yield
The rate of price appreciation on an investment or security, excluding dividends or interest.
Stock Price
The current market price at which a share of a company's stock can be bought or sold.
Efficient Market Hypothesis
A theory in financial economics that states that asset prices fully reflect all available information, making it impossible to consistently achieve higher returns than the market average.
Fundamental Analysis
A method of evaluating securities by attempting to measure the intrinsic value of a stock through examination of related economic, financial, and other qualitative and quantitative factors.
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