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Carrefour, a French supermarket chain, pays out a dividend in EUR to its US shareholders. Based on market demand and supply, what will happen to

Carrefour, a French supermarket chain, pays out a dividend in EUR to its US shareholders. Based on market demand and supply, what will happen to the EUR/USD exchange rate, all else equal? Select one:

a. The EUR/USD exchange rate will increase.

b. The EUR/USD exchange rate will decrease.

c. The EUR/USD exchange rate will remain the same.

d. The USD/EUR exchange rate will increase.

e. None of these.

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