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Canvas Question 20 3 pts Suppose that there is a 2% probability that the government of Argentina will nationalize its banking system and freeze all

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Canvas Question 20 3 pts Suppose that there is a 2% probability that the government of Argentina will nationalize its banking system and freeze all foreign deposits indefinitely with no recovery rate during the next year. If the dollar deposit interest rate in the United States is 10%, what dollar interest would Argentine banks have to offer in order to attract deposits from a risk neutral foreign investors? 10% O 12.24% 10.20% 14.56% None of the above Question 21 2 pts

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