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Business, 24.02.2020 16:07 tori829

Assume the interest rate on a one-year U. S. government debt security is currently 9.5 percent compared with a 7.5 percent on a foreign country’s comparable maturity debt security. If the U. S. dollar value of the foreign country’s currency is $1.50, what is the expected exchange rate one year from now based on international Fisher eff ect theory?

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