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Suppose that on January 1, the cost of borrowing Danish Krone(DKK) for the year is 18%. During the year, U.S. inflation is 5%,and Denmark inflation

Suppose that on January 1, the cost of borrowing Danish Krone(DKK) for the year is 18%. During the year, U.S. inflation is 5%,and Denmark inflation is 9%. At the same time, the exchange ratechanges 2 answers

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