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The theory of relative purchasing power parity states that, between two nations, the the interest rate is greater than the inflation rate during depreciations interest
The theory of relative purchasing power parity states that, between two nations, the
the interest rate is greater than the inflation rate during depreciations
interest rate is greater in weaker currencies
inflation rates are unrelated
exchange rate difference reflects the inflation rate difference
The current spot rate is quoted as year interest rates are for NorwayNOK and for Swiss FrancCHF The year forward rate is
How much money would you have if you started with Swiss Franc and chose to convert your money to Norway, invest for the year in the Norway, and bring your money home. Please answer to the nearest unit of currency.
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