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Question 9 (4 points) TRUE or FALSE? (No explanation required, just write true or false) __________ Futures and forward rates are always exactly the same

Question 9 (4 points) TRUE or FALSE? (No explanation required, just write true or false)

__________ Futures and forward rates are always exactly the same

__________ If Absolute PPP holds, the real exchange rate is a constant.

__________ In pegged exchange rate systems, the exchange rate never changes

__________ Carry-trade strategies rely on the existence of a risk premium for holding high-interest currencies.

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