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Business, 12.02.2020 00:05 emory238

Assume that the U. S. interest rate is 5%, the European interest rate is 2%, and the future expected exchange rate in one year is $1.224. If the spot rate is $1.16, then the expected dollar return on euro deposits is:A. 7.52%
B. 5%
C. 3%
D. 2%

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