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If the interest rate on dollar deposits is 11 percent, and the dollar is expected to appreciate by 8 percent over the coming year, the
If the interest rate on dollar deposits is 11 percent, and the dollar is expected to appreciate by 8 percent over the coming year, the expected return on dollar deposits in terms of the foreign currency is A. 3 percent B. 10 percent C. 13.5 percent D. 19 percent
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