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Business, 09.07.2020 05:01 haydjanggg6578

Suppose a bond issued by the European Central Bank and denominated in euros pays 44% per year. Today the exchange rate is 1.521.52 dollars per euro. It is expected that the exchange rate in one year will be 1.671.67 dollars per euro. What is the annual dollar return on this bond? A. negative 5โˆ’5 percent B. 1919 percent C. 44 percent D. 1414 percent

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Suppose a bond issued by the European Central Bank and denominated in euros pays 44% per year. Today...
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