a. In 1992, the Brazilian market rose by 1,117% in cruzeiro terms, while the cruzeiro fell by
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b. In 1993, the Brazilian market rose by 4,190% in cruzeiro terms, while the cruzeiro fell by 95.9% in dollar terms. Did the Brazilian market do better in dollar terms in 1992 or in 1993?
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a The dollar return on the Brazilian market can be calculated ...View the full answer
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