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When uncovered interest parity holds, it means that: a.a currency is expected to appreciate by as much as its interest rate is lower than the

When uncovered interest parity holds, it means that:

a.a currency is expected to appreciate by as much as its interest rate is lower than the interest rate in the other country.

b.a currency is expected to appreciate by as much as its interest rate is higher than the interest rate in the other country

c.exchange rate risk is unusually high

d.the forward premium equals the interest rate differential.

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