Question: 38. The return on dollar deposits equal: a. the return on euro deposits plus the change in the exchange rate b. the return on euro

38. The return on dollar deposits equal:

a. the return on euro deposits plus the change in the exchange rate

b. the return on euro deposits minus the change in the exchange rate

c. the return on euro deposits times the change in the exchange rate

d. the return on euro deposits divided the change in the exchange rate

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!