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Question 17 1 pts Assume U.S. and Swiss investors require a real rate of return of 3%. Assume the nominal U.S. interest rate is 7%
Question 17 1 pts Assume U.S. and Swiss investors require a real rate of return of 3%. Assume the nominal U.S. interest rate is 7% and the nominal Swiss interest rate is 5%. According to the international Fisher effect, the franc will by about appreciate; 4% O depreciate: 2% appreciate: 2% depreciate; 4%
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