The Russian ruble (RUB) traded at RUB29.00/USD on January 2, 2009. On December 11, 2010, its value

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The Russian ruble (RUB) traded at RUB29.00/USD on January 2, 2009. On December 11, 2010, its value had fallen to RUB31.45/USD. What was the percentage change in its value?

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Fundamentals of Multinational Finance

ISBN: 978-0205989751

5th edition

Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman

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Question Posted: May 22, 2017 10:24 AM

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The Russian ruble (RUB) traded at RUB29.00/USD on January 2, 2009. On December 11, 2010, its value

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Assumptions Rate Values Spot rate January 2 ...View the full answer

Fundamentals of Multinational Finance

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