Question: . NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE Currency Exchange Rate What is the difference BETWEEN fixed and floating/fluctuating interest

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Currency Exchange Rate

What is the difference BETWEEN fixed and floating/fluctuating interest rates? Analyze how foreign exchange rate is determined when dealing with the business implications. Also, compute the exchange rate between the USA Dollar (fixed) and a country currency (floating) of your choice, then give the rates and explain how often it changes and differences in amount of change.

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