Page 64 - FINAL CFA II SLIDES JUNE 2019 DAY 5.2
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TEMPORAL METHOD                                                                        READING 16: MULTINATIONAL OPERATIONS




                                                                                                                   MODULE 16.5: EXAMPLE



















































                                                      The remeasurement gain occurred because Vibrant had a net monetary liability exposure
                                                      (monetary liabilities > monetary assets), and the loca depreciated relative to the dollar.
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