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The interest rate in the U.S. is 4%, while the interest rate in Switzerland is 7%. The spot rate for the Swiss franc is $1.04
The interest rate in the U.S. is 4%, while the interest rate in Switzerland is 7%. The spot rate for the Swiss franc is $1.04 per CHF. According to the international Fisher effect (IFE), the Swiss franc's spot exchange rate should ____ by about ____ over the year.
Question 10 options:
depreciate; 2.8%
appreciate; 2.8%
depreciate; 1.87%
appreciate; 3.94%
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Finance And Sustainability Proceedings From The Finance And Sustainability Conference Wroclaw 2017
Authors: Agnieszka Bem, Karolina Daszy?ska-?ygad?o , Ta?ána Hajdíková, Péter Juhász
1st Edition
3319922270,3319922289
