geraldmorgan6959 geraldmorgan6959

06-06-2023
Business

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A $1000 US Bill with a $10 coupon is trading for $985, and 12,000 Euro Bill with a 200 Euro coupon is trading at 12,100 Euro. Both mature in 1 year. If uncovered interest parity holds, the market believes the US dollar will depreciate against the Euro by approximately _____ % in a years’ time.

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