If the interest rate on euro-denominated assets is 7


If the interest rate on euro-denominated assets is 7 percent and it is 5 percent on dollar- denominated assets, and if the dollar is expected to appreciate at a 4 percent rate, for Francois the Frenchman what is the expected rate of return on dollar-denominated assets?

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Business Economics: If the interest rate on euro-denominated assets is 7
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