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The spot rate of EUR/USD is 0.8357. The respective US and Euro rates are 1.35% and 0.5%. Assume the interest rate parity principle holds and
The spot rate of EUR/USD is 0.8357. The respective US and Euro rates are 1.35% and 0.5%. Assume the interest rate parity principle holds and no-arbitrage opportunity or other costs exist in this transaction. Compute the EUR/USD 1-year forward rate and determine which currency will depreciate over the other
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
11th Edition
1032241829, 978-1032241821
