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Bonus Problem: Which of the following two statements is correct? S1: According to CIRP, the spot price of the high interest rate currency is expected
Bonus Problem: Which of the following two statements is correct? S1: According to CIRP, the spot price of the high interest rate currency is expected to appreciate S2: According to CIRP, forward rates and synthetic forward rates are the same. a) b) c) d) S1 is true but S2 is false S2 is true but S1 is false Both statements are true Both statements are false
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