Question
Given the annual required real rate of return for all country is 1.25%, and Fisher Effect holds among countries. Using the information in the table
Given the annual required real rate of return for all country is 1.25%, and Fisher Effect holds among countries. Using the information in the table to answer the question.
Investment Rate p.a. | Spot per U$1 | ||
Spain | EU | 2.25% | 0.7591 |
Philippines | PHP | 4.50% | 43.5241 |
India | INR | 5.85% | 62.6540 |
USA | US | 1.75% |
Mr. Glen has USD150, 000 cash available for 180 days and is looking for a profitable investment opportunity, explain how Mr. Glen can profit from investing his funds.
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
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