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janakisri Wrote:
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> But A may not be current under Temporal method .
> Far from it , if the subsidiary has old PP&E
> bought long time ago.
>
> The equation you show would then need historical
> rates to be factored in , so that the Equity is
> really translated at a completely indeterminate
> rate


I agree with your statements. However, the question specifically said current rate method.

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