If a spot rate turns out different from what the purchasing, Financial Management

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If a spot rate turns out different from what the purchasing

1. “If a spot rate turns out different from what the Purchasing Power Parity (PPP) predicted. The spot rate does not necessarily represent a miss-pricing.” True or or False?

2. "If two foreign currencies move by the same percentage against the dollar, there is no change in the cross exchange rate between the two currencies." True or False?

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Financial Management: If a spot rate turns out different from what the purchasing

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