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Posted on Jul 24, 2024

Or the US investor can take that money ( 1 0 0 0 ) and buy a foreign currency, currently at e = 2 5

Or the US investor can take that money

(1000)

and buy a foreign currency, currently at e

= 25

and then invest abroad to get

12 % .

How much FX would the investor have, after

1

year?

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