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5. According to the International Fisher Effect, if an investor purchases a 1-year U.S. bond that has an annual yield of 4% rather than a

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5. According to the International Fisher Effect, if an investor purchases a 1-year U.S. bond that has an annual yield of 4% rather than a comparable British bond that has an annual yield of 6%, then the investor must be expecting the about 2% over the next year. A. British pound; appreciate B. British pound; depreciate C. British pound; revalue D. British pound; devalue

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