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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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