Question
Suppose that the interest rate on US dollars is 3%. The current exchange rage is 1 dollar per 1 euro. It is expected that in
Suppose that the interest rate on US dollars is 3%. The current exchange rage is 1 dollar per 1 euro.
It is expected that in one year the exchange rate will be 1.03 dollars per 1 euro.
If the interest parity condition holds, what should be the interest rate on euros?
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Crypto Technical Analysis It S More Than A Chart
Authors: Charles G. Koonitz
1st Edition
1989118690, 978-1989118696
