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The interest rate parity (IRP) theory a theory that states that (except for the effects of small transaction costs) the forward premium or discount should

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The interest rate parity (IRP) theory a theory that states that (except for the effects of small transaction costs) the forward premium or discount should be equal to the difference in the national interest rates for securities of the same maturity. Is the statement above true or false? | 1 (Select from the drop-down menu)

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