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According to the Interest Rate Parity ( IRP ) theory, if a country's interest rate is higher than that of another country, its currency should:
According to the Interest Rate Parity IRP theory, if a country's interest rate is higher than that of another country, its currency should:
A Appreciate in the forward market.
B Depreciate in the forward market.
C Remain unchanged.
D Be more volatile.
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Finance Applications and Theory
Authors: Marcia Cornett
4th edition
1259691411, 978-1259691416
