If the value of the monetary assets at the beginning and at the end of the financial year is OMR 150,000 but the general price index at the beginning of the year is 200 and at the end of the year is 300. How much will be the value of monetary assets as per CPPA. a. OMR 225,000 b. OMR 149,000 c. OMR 175,000 d. OMR 150,000

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
ChapterP2: Part 2: Exchange Rate Behavior
Section: Chapter Questions
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If the value of the monetary assets at the beginning and at the end of the financial year is OMR 150,000 but the general price index at the beginning of the year is 200 and at the end of the year is 300. How much will be the value of monetary assets as per CPPA.
a.
OMR 225,000
b.
OMR 149,000
c.
OMR 175,000
d.
OMR 150,000
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