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The interest rate on euros is 8%. The interest rate in the U.S. is 5%. The euro's forward rate should exhibit a ____________ of about
The interest rate on euros is 8%. The interest rate in the U.S. is 5%. The euro's forward rate should exhibit a ____________ of about ____________. (Please use the approimate form of IRP) A. Premium; 3% B. discount, 3% C. Premium, 4% D. discount, 4%
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