Business, 24.12.2019 07:31 fdougie111

Assume that an american company today invests some of its spare cash in a hungarian money market account that will earn 8 percent for a period of two months. which of the following, if it happens during the next two months, would imply that the company will earn less than 8 percent on its investment? a. the hungarian forint rises in value against the dollar. b. interest rates in the united states move down. c. short-term interest rates in hungarian money markets shoot up. d. the dollar appreciates against the hungarian forint.

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