4 - At what rate is the valuation of demand deposit accounts in foreign currency in the bank account? A) Nominal value B) Foreign exchange selling rate C) Exchange rate D) With effective purchase rate E) With comparable value

4 - At what rate is the valuation of demand deposit accounts in foreign currency in the bank account? A) Nominal value B) Foreign exchange selling rate C) Exchange rate D) With effective purchase rate E) With comparable value

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

ChapterP1: Part 1: Integrative Problem: The International Financial Environment

Section: Chapter Questions

Problem 4Q

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4 - At what rate is the valuation of demand deposit accounts in foreign currency in the bank account?
A) Nominal value

B) Foreign exchange selling rate

C) Exchange rate

D) With effective purchase rate

E) With comparable value

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