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A currency speculator expects the spot rate of Euros to change from $1.00 to $0.95 in one year Assume the speculator has access to credit

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A currency speculator expects the spot rate of Euros to change from $1.00 to $0.95 in one year Assume the speculator has access to credit lines of $10,000,000 in the US and EUR 10,000,000 in Europe. The annual borrowing and lending rates are 8% in US and 6% in Europe. Suppose everyone in the FX market followed the correct speculatulation strategy, then in the FX market the demand schedule for euro will__ the supply schedule for euro will_ and price of euro will Increase, decrease, increase decrease, not change, decrease decrease, increase, decrease not change, increase, decrease Increase, not change, increase

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