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Question 15 (1 point) According to the Fisher Effect, if the USA has inflation of 1%, the UK has inflation of 5%, and the UK

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Question 15 (1 point) According to the Fisher Effect, if the USA has inflation of 1%, the UK has inflation of 5%, and the UK has a nominal rate of return = 6%, what should the U.S. nominal rate be? (Enter your answer as a whole number with no symbols. For example, if you compute 1.23%, enter "1.23") Your Answer: Answer Question 16 (1 point) If the USA has annual inflation of 6%, Switzerland has annual inflation of 3%, and the spot rate is SFr 1 = $0.70, what does PPP suggest the spot rate should be in 4 years? (Use the US Dollar as the reference currency. Enter your answer in US Dollars with no symbols. For example, if you compute $1.2345/SFr. enter "1.2345") Your Answer: Answer Question 18 (1 point) If an exchange rate changes from $1.15/ to $1.28/, by what % has the euro appreciated or depreciated? (enter your answer as a whole number without the percent sign. For example, if you compute 12.34%, enter "12.34" If the value depreciated, enter a negative-looking percentage -- ie, if the change is -12.34%, enter"-12.34") Your

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