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As a U.S. investor, I decide to invest in Swiss francs (SF) for one year at 7.40%. Similar investments in U.S. yield 6.30%. What does
As a U.S. investor, I decide to invest in Swiss francs (SF) for one year at 7.40%. Similar investments in U.S. yield 6.30%. What does the market expect Swiss franc to do?
a. | none of the other answers
| |
b. | appreciate 13.70%
| |
c. | depreciate 1.83%
| |
d. | appreciate 1.02% | |
e. | depreciate 1.02% |
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