Question: A U . S . - based company today invests some of its spare cash in a German money market account that will earn 8
A USbased company today invests some of its spare cash in a German money market account that will earn percent for two months. Which of the following, if it happens during the next two months, would imply that the company will earn less than percent on its investment?ptsThe German euro rises in value against the dollar.Interest rates in the United States move down.Shortterm interest rates in German money markets shoot up The dollar appreciates against the German euro.The dollar appreciates against the German euro.
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