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Q.1 Speculation on the foreign exchange markets (30pts) a) From the excess return formula, show how to obtain the break-even point for the exchange rate
Q.1 Speculation on the foreign exchange markets (30pts) a) From the excess return formula, show how to obtain the break-even point for the exchange rate
Q.1 Speculation on the foreign exchange markets (30pts)
a) From the excess return formula, show how to obtain the break-even point for the exchange rate
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