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Question
If the interest rate is 7 percent on euro-denominated assets and 5 percent on dollar-denominated assets, and if the dollar is expected to appreciate at a 4 percent rate, the expected return on ________-denominated assets in terms of ________ percent.A. dollar; euros is 3
B. euro; dollars is 1
C. dollar; euros is 9
D. euro; dollars is 11
Answer
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Related questions
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