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Question 7 (1 point) Zero coupon bonds issued by the French government with a redemption value of 100 currently trade at 96. The euro is

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Question 7 (1 point) Zero coupon bonds issued by the French government with a redemption value of 100 currently trade at 96. The euro is expected to depreciate by 3% over the next year. Given this information, what is the expected bond's total dollar return during the year? a) 1.04% b) 3.0% c) 4.0% d) 5.0% e) 7.29% f) 18.33%

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