16 Interest rate parity. If the relationship that is specified by interest rate parity does not exist

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16 Interest rate parity. If the relationship that is specified by interest rate parity does not exist at any period but does exist on average, then covered interest arbitrage should not be considered by MNCs. Do you agree or disagree with this statement? Explain.

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Exploring Economics

ISBN: 9780324395464

4th Edition

Authors: Robert L. Sexton

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