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please see the previous answers part, none of those were correct so far Problem 7 A late penalty of 20% will apply to new answers.
please see the previous answers part, none of those were correct so far
Problem 7 A late penalty of 20% will apply to new answers. Intro Assume that the real interest rate is 2% in the U.S. and 1% in Canada. The annual nominal interest rate is 3.3% in the U.S. and 5.4% in Canada. Part 1 Attempt 8/10 for 8 pts. What is the approximate expected percentage change in the exchange rate (measured in U.S. dollars per Canadian dollar) according to the Fisher effect and purchasing power parity? Previous answers:.021; -.021; 4+ decimals -021%; -.0210; --0210; -0.0210; -2.10 SubmitStep by Step Solution
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