If a foreign interest rate is lower than the home rate, then PPP predicts that the foreign

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If a foreign interest rate is lower than the home rate, then PPP predicts that the foreign currency will appreciate, so why not invest in that currency and make a profit?

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International Financial Management

ISBN: 9781473787216

6th Edition

Authors: Jeff Madura, Roland Fox

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Question Posted: Jun 10, 2024 02:09 AM

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If a foreign interest rate is lower than the home rate, then PPP predicts that the foreign

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International Financial Management

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