fifteen. This new difference whenever capital having foreign exchange is gloomier whenever those currencies exhibit ____ correlations, of course the business doesn’t have most other organization when it comes to those currencies.
17. Guess brand new You.S. interest rate was seven.5%, the newest Zealand interest are 6.5%, the spot rate of your own NZ$ try $.52, as well as the that-year forward speed of your own NZ$ was $.50. At the conclusion of the season, the spot rates try $.48.
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