Changing weekly payroll to bi-weekly payroll

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1. RMB is based on a basket of currencies of yen, euro dollar, hk$ n usd. With data given, compute value rmb v usd. (Pls refer to lecture notes for reference)

2. Explain the potential advantage to a company of changing a weekly payroll to a bi-weekly payroll.

3. Special drawing rights n its implications to the world n mainland china (check website on special. drawing rights)

Reference no: EM131873285

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