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Assume the U.S. one-year interest rate is 9 percent, while the Chilean one-year interest rate is 13 percent. If the Chilean peso by percent, a

Assume the U.S. one-year interest rate is 9 percent, while the Chilean one-year interest rate is 13 percent. If the Chilean peso by percent, a U.S.-based same financing cost in dollars as in Chilean pesos over a one-year period. a. appreciates; 3.54 b. appreciates; 3.67 c. depreciates; 3.54 d. depreciates; 3.67

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