Question: PART I: TRUE/FALSE/UNCERTAIN QUESTIONS: (60 marks) (4.63 marks each). Indicate whether the following statement is true, false or uncertain. You do not have to justify

PART I: TRUE/FALSE/UNCERTAIN QUESTIONS: (60 marks) (4.63 marks each). Indicate whether the following statement is true, false or uncertain. You do not have to justify your answer,

12. All the variation in the forward discount is due to expected depreciation. 3. In a risk-neutral world, the exchange risk premium would be identical to zero

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