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Choose the correct phrase to complete the sentence:The difference in interest rates between Ruritania and the US equals: a) the forward peso rate divided by

Choose the correct phrase to complete the sentence:The difference in interest rates between Ruritania and the US equals:

a) the forward peso rate divided by the current spot rate.

b) the forward peso rate divided by the expected spot rate.

c) the current peso rate divided by the Ruritanian inflation rate.

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