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Explain the concept of interest rate parity

Question 1: Explain the concept of interest rate parity.

Question 2: What does this concept imply about the long-run profit opportunities from investing in international markets?

Question 3: What market conditions must prevail for the concept to be valid?

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Finance Basics: Explain the concept of interest rate parity

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Finance Basics: Explain the concept of interest rate parity

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