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The UK-Euroexchange rate is 1=euro 1.1. Assume the UK interest rate is20% and theeurointerestrate is 5%. Use the Interest Parity Condition to state what may

The UK-Euroexchange rate is 1=euro 1.1. Assume the UK interest rate is20% and theeurointerestrate is 5%. Use the Interest Parity Condition to statewhat may happen to the /euroexchange rate.

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