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Suppose the dollar/euro exchange rate is $1.50 per euro, while the dollar/yen exchange rate is $0.75 per yen. a. How many yen does it take

Suppose the dollar/euro exchange rate is $1.50 per euro, while the dollar/yen exchange rate is $0.75 per yen.

a. How many yen does it take to buy a euro?

b. Suppose today's dollar/euro exchange rate is $1.50 per euro but you expect the rate to be $1.55 per euro in a year. The dollar interest rate is 10% while the euro interest rate is 4.5%. Which deposit offers a higher rate of return?

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