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Business, 12.04.2021 19:10 jespinozagarcia805

Assume that the one-year interest rate in the United States is 7 percent and in the United Kingdom is 5 percent. According to the international Fisher effect, the British pound's spot exchange rate should by about over the year. a. appreciate; 3.94 percent b. appreciate; 1.9 percent c. depreciate; 3.94 percent d. depreciate; 1.9 percent

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