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Question 17 If the one-year risk-free interest rate in the U.S. is _______ than in Japan, the one-year forward exchange rate of the U.S. Dollar
Question 17 If the one-year risk-free interest rate in the U.S. is _______ than in Japan, the one-year forward exchange rate of the U.S. Dollar (/$) should be ________ than the spot rate.
lower; higher
higher; higher
lower; lower
higher; the same as
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