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A. 12 percent B. 2 percent OC. 21 percent OD. -7 percent mirez Suppose a bond issued by the European Central Bank and denominated in
A. 12 percent B. 2 percent OC. 21 percent OD. -7 percent mirez Suppose a bond issued by the European Central Bank and denominated in euros pays 2% per year. Today the exchange rate is 1.89 dollars per euro. It is expected that the exchange rate in one year will be 2.08 dollars per euro. What is the annual dollar return on this bond? I WHILS. USI 11/11/23 3:57 PM
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Financial Risk Manager Handbook
Authors: Philippe Jorion, Global Association Of Risk Professionals
5th Edition
0470479612, 978-0470479612
