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show a picture of the grap and explain it 200 words Evaluate two exchange rates on Yahoo Finance; the CADCHF and the USDCHF between 1/1/2012
show a picture of the grap and explain it
Evaluate two exchange rates on Yahoo Finance; the CADCHF and the USDCHF between 1/1/2012 - 1/12013 and have a snapshot of the graph. Your graph will show you that between the time period of 2012 and 2013 both currency pairs were trading very close to parity (meaning 1-to-1). Explain what parity implies economically and why the CHF has been able to maintain this parity in relation to the USD but not against the CAD 200 words
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