Did brazilian market do better in dollar terms


Assignment:

Q1. In 1992, the Brazilian market rose by 1,117% in cruzeiro terms, while the cruzeiro fell by 91.4% in dollar terms. Meanwhile, the U.S. market rose by 8.5%. Which market did better?

Q2. In 1993, the Brazilian market rose by 4,190% in cruzeiro terms, while the cruzeiro fell by 95.9% in dollar terms. Did the Brazilian market do better in dollar terms in 1992 or in 1993?

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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