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Suppose the 3 - month risk - free rate of interest in the U . S . was 1 . 7 % . On that
Suppose the month riskfree rate of interest in the US was On that date the spot exchange rate between the US dollar and the Chinese yuan $Y was and the forward exchange rate for months was According to the interest rate parity, what would you expect the month riskfree rate of interest to be in China?
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