Question: Based on the following information, indicate if the US interest rate should be higher, lower, or equal to the Euro Region interest rate; please
Based on the following information, indicate if the US interest rate should be higher, lower, or equal to the Euro Region interest rate; please be sure to show all the steps. Show all your steps! Spot $1.1620/Euro $1.1620/Euro $1.1620/Euro Forward $1.1300/Euro $1.1620/Euro $1.1850/Euro US Interest Rate (Just indicate or SIMPLY STATE Higher, Lower, Same etc.) ? _? ?
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