Question: If the covered interest differential is zero, then: O A. covered international investments will be profitable once we add in the interest earned on the

 If the covered interest differential is zero, then: O A. covered

If the covered interest differential is zero, then: O A. covered international investments will be profitable once we add in the interest earned on the foreign bonds. B. covered interest rate parity has not yet been reached. C. the overall covered return on a foreign- currency investment equals the return on a comparable domestic-currency investment. OD. a currency is at a forward premium by as much as its interest rate is higher than the interest rate in the other country

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