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Which one the following should be true in order for the Uncovered interest parity to hold? The interest rate for the two currencies should be

Which one the following should be true in order for the Uncovered interest parity to hold?

The interest rate for the two currencies should be equal.

The forward rate should be equal to the current spot rate.

Speculators using forward contracts will on average break even.

The current spot rate should be an unbiased estimate of the future spot rate.

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