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Intro Recall the exchange rates defined in our lecture: $2 = 0.92, = 0.87 $0 $0 Attempt 1/10 for 10 pts. Part 1 $2
Intro Recall the "exchange rates" defined in our lecture: $2 = 0.92, = 0.87 $0 $0 Attempt 1/10 for 10 pts. Part 1 $2 What is the implied 'exchange rate' between time 1 and 2, ? (that's asking, how much is $1 in $1 two years worth in one year) 3+ decimals Submit Part 2 What is the implied interest rate between time 1 and 2 ? 4+ decimals Submit Attempt 1/10 for 10 pts.
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