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interest rate of 25% per year. Ignoring risk and transaction costs, an Australian investor sho in foreign bonds as long as the expected yearly rate

interest rate of 25% per year. Ignoring risk and transaction costs, an Australian investor sho in foreign bonds as long as the expected yearly rate of appreciation of the domestic currency is: 2= 5% Aless than 25%. B) greater than 25%. Ogreater than 20%. gre D) less than 20%. E) less than 1%. Answer: D x *=25% 1

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