U.s. and french investments
Problem:
Assume the U.S. one year interest rate is 11% and the French one year interest rate is 18%. The break even level of depreciation in the euro at which the U.S. and French investments would exhibit the same return to a U.S. investor is?
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The break even level of depreciation in the euro at which the U.S. and French investments would exhibit the same return to a U.S. investor is?
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