Calculate the percentage changes over a 1-month interval, Finance Basics

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Calculate the percentage changes over a 1-month interval

Go to the St. Louis Federal Reserve Bank's database, FRED, at https://research.stlouisfed.org/ fred2/ and download data for the exchange rate of the Brazilian real versus the U.S. dollar. Calculate the percentage changes over a 1-month interval. What loss would you take if you owed BRL 1 million in 1 month and the dollar depreciated by 2 standard deviations?

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Finance Basics: Calculate the percentage changes over a 1-month interval

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Finance Basics: Calculate the percentage changes over a 1-month interval

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