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Assume U.S. and Australian investors require a real rate of return of 3%. Assume the nominal U.S. interest rate is 6% and the nominal Australia
Assume U.S. and Australian investors require a real rate of return of 3%. Assume the nominal U.S. interest rate is 6% and the nominal Australia rate is 4%. According to the international Fisher effect, the Australian dollar will by about
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
8th Edition
007322359X, 9780073223599
