Question: Question 9 0 / 1 point Assume that U . S . interest rates are 6 K , while British interest rates are 7 X
Question
point
Assume that US interest rates are K while British interest rates are X Ir the international Rher then holds and is used to determine the future spot rate, the forecast would reflect an expectation at:
appreciation of US dollar value over the next year.
depreciation of pound's value over the next year.
no change in pound's value over the neat year.
not enough information to answer this question.
A and are both correct.
pills
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
