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An American company today invests some of its spare cash in a Hungarian money market account that will earn 8 percent for two months. Which
An American company today invests some of its spare cash in a Hungarian money market account that will earn percent for two months. Which of the following, if it happens during the next two months, would imply that the company will earn less than percent on its investment?
Group of answer choices
The Hungarian forint rises in value against the dollar.
Interest rates in the United States move down.
Shortterm interest rates in Hungarian money markets shoot up
The dollar appreciates against the Hungarian forint.
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