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Assume that the interest rate in country X is lower than the U.S. interest rate. According to Interest Rate Parity Theory, the forward rate of
Assume that the interest rate in country X is lower than the U.S. interest rate. According to Interest Rate Parity Theory, the forward rate of currency X with respect to the dollar should: ( Be equal to the spot rate. ( Remain constant. O Exhibit a premium. Be unrelated to the spot. O Exlibit a discount
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