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Question 1 Suppose that the 3-year risk-free interest rates in China and the United States are 2% and 1% per annum continuously compounded, respectively, and

Question 1 Suppose that the 3-year risk-free interest rates in China and the United States are 2% and 1% per annum continuously compounded, respectively, and the spot exchange rate is 6.4 yuan per USD...

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