1. Predict what is expected (spot) exchange rate between US$ and A$ in 1 June 2015? Justify your answer.
2. What are the advantages and disadvantages of investing in Australia compared to investing in China?
3. What are the advantages and disadvantages of portfolio investment compared to purchasing an existing company (e.g. mergers and acquisition)?
Madura, Jeff (2012). International Financial Management (12th edition). Mason, USA: South-Western Cengage Learning
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