Question: Question 8 1 Point A foreign exchange reserves manager is indifferent between placing a deposit in a foreign bank account or paying $98 to purchase

 Question 8 1 Point A foreign exchange reserves manager is indifferent

Question 8 1 Point A foreign exchange reserves manager is indifferent between placing a deposit in a foreign bank account or paying $98 to purchase a $100 zero issued by an advanced country government that matures in one year. What is the interest rate offered by the bank account? Blank 1 Blank 1 Add your

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