Since the parity conditions do not generally hold in the short run, do they fail to add'

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Since the parity conditions do not generally hold in the short run, do they fail to add' to our understanding of the behavior of foreign exchange rates?

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Financial Theory and Corporate Policy

ISBN: 978-0321127211

4th edition

Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri

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Question Posted: Apr 26, 2016 08:33 AM

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Since the parity conditions do not generally hold in the short run, do they fail to add'

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The parity conditions are equilibrium relationships They represent ...View the full answer

Financial Theory and Corporate Policy

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