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Title: Suppose a deposit in New York earns 6 percent a year and a deposit in London earns 4 percent a year. ... Post by: Sharell on Sep 26, 2018 Suppose a deposit in New York earns 6 percent a year and a deposit in London earns 4 percent a year. Interest rate parity holds if the
A) U.S. dollar appreciates by 2 percent a year. B) U.S. dollar depreciates by 2 percent a year. C) U.K. pound depreciates by 2 percent a year. D) None of the above answers is correct because interest rate parity requires that the interest rates be the same in both countries. Title: Suppose a deposit in New York earns 6 percent a year and a deposit in London earns 4 percent a year. ... Post by: Vvv on Sep 26, 2018 Content hidden
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