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New sales price in nzd after the nzd appreciation

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Firm Q has an FX pass through policy of 80%. The local sales price of its product is NZD 286.00 per unit. Say the NZD appreciates by 12.22% against the USD. What is the new sales price in NZD after the NZD appreciation? Assume that Kim Inc. is an exporter firm.

Reference no: EM132683888

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