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QUESTION 1 The current exchange rate is 0.92 per U.S. dollar, but you think that U.S. dollar will appreciate to 0.95 per U.S. dollar. If

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QUESTION 1 The current exchange rate is 0.92 per U.S. dollar, but you think that U.S. dollar will appreciate to 0.95 per U.S. dollar. If you know the euro-denominated bond is yielding 396, what return would you expect in U.S. dollars? 396 O 0.2596 0 -396 -0.2596 O There is not enough information given to answer this question, QUESTION 2 Co-operation between central banks is necessary in order to minimize the risk of currency wars amidst the COVID-19 pandemic O True O False

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