During 1997, the Korean Stock Exchanges composite index fell by 42%, while the won lost half its
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During 1997, the Korean Stock Exchange’s composite index fell by 42%, while the won lost half its value against the dollar. What was the combined effect of these two declines on the dollar return associated with Korean stocks during 1997?
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Related Book For
Foundations Of Multinational Financial Management
ISBN: 9780470128954
6th Edition
Authors: Alan C Shapiro, Atulya Sarin
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