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Q. Display the position explicitly
Example: I borrow 7800000 HKD at time t = t0 at an interest rate rt0.
After one year I pay back 7800000(1 + rto ).
At t0 I exchange these HKD into USD1000000. These I deposit at the risk free rate Rto .
I anticipate that The HKD to depreciate 30% during the same time period.
My expected profit is
where the eto is the pegged exchange rate 7.8.
What impact does high inflation have on the value of a business? Besides causing distortion (as it unequally affects all goods and services), inflation enhances the uncertainty
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Absolute Performance Standard is a method of measuring an organization's development and how effective and efficient it is at operating its business. The absolute performance stand
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