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What is the new sales price in nzd

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Question 1: Kim Inc. has an FX pass through policy of 75%. The local sales price of its product is NZD 155.00 per unit. Say the NZD appreciates by 16.22% 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: EM132479186

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