theories to a foreign? Describe and discuss the relevance of the Fisher Effect and the Purchasing Power Parity theories to a foreign currency dealer in a merchant back in London
of a single period empiricall? Assume a quoted British company wants to use the CAPM approach in deriving the hurdle rate (cost of capital) it will use in evaluating its major investments. Describe and discuss the problems the company faces in trying to achieve the use of a single period...