Data Update 5 for 2025: It's a small world, after all!
Musings on Markets
FEBRUARY 6, 2025
I am no expert on exchange rates, but learning to deal with different currencies in valuation is a prerequisite to valuing companies. Thus, if the US treasury bond rate (4.5%) is the riskfree rate in US dollars, and the expected inflation rates in US dollars and Brazilian reals are 2.5%
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