Question: 9 . You borrow in the U . S . dollar, convert the borrowed funds to a foreign currency, earn the interest rate on the

9. You borrow in the U.S. dollar, convert the borrowed funds to a foreign currency,
earn the interest rate on the foreign currency, and at the end convert the foreign
currency back to the dollar and return the dollar loan plus interest. If the interest
rate on the foreign currency is higher than the dollar interest rate, you would
definitely make a profit on the investment." True or false?
Select one:
a. True
b. False
9. You borrow in the U.S. dollar, convert the borrowed funds

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