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6 years ago
The currency premium in foreign-exchange markets
A) helps to offset anticipated declines in exchange rates.
B) helps to offset anticipated increases in exchange rates.
C) indicates investors' collective preference for financial instruments denominated in one currency relative to those denominated in another.
D) rises as domestic interest rates fall.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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6 years ago
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