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Given S 0 = $1.0672/ and you expect the dollar to depreciate by 6% against the euro in the coming three months, what would you
Given S 0 = $1.0672/€ and you expect the dollar to depreciate by 6% against the euro in the coming three months, what would you expect the spot rate (S 1 ) to be three months from today?
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The Economics of Money Banking and Financial Markets
Authors: Frederic S. Mishkin
11th edition
133836797, 978-0133836790
