Poland or Portugal? . As part of your initial
analysis, you would like to know how much investment is needed to go to these markets. In order to get a rough number,
you hire a consulting firm to do initial investment analysis. The consulting firm provides you a short report about how much
money is needed for both countries. The numbers provided are: one million zloty (Poland’s currency) and 45 million escudo
(Portugal’s currency). To make a clear comparison, you need to convert these currencies to U.S. dollars. Do the conversion
and suggest where to invest.
analysis, you would like to know how much investment is needed to go to these markets. In order to get a rough number,
you hire a consulting firm to do initial investment analysis. The consulting firm provides you a short report about how much
money is needed for both countries. The numbers provided are: one million zloty (Poland’s currency) and 45 million escudo
(Portugal’s currency). To make a clear comparison, you need to convert these currencies to U.S. dollars. Do the conversion
and suggest where to invest.