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According to the international Fisher Effect, if an investor purchases a five year U.S. bond that has an annual interest rate of 5% rather: than

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According to the international Fisher Effect, if an investor purchases a five year U.S. bond that has an annual interest rate of 5% rather: than a comparable British bond that has an annual interest rate of 6%, then the investor must be expecting the to at a rate of at least 1% per year over the next 5 years: A. Us. dollar, depreciate B. British pound; revalue C. U.S. dollar, appreciate D. British pound; appreciate

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