According to the international Fisher Effect, if an investor purchases a five-year U.S. bond that has an annual interest rate of 5% rather than a comparable British bond that has an annual interest rate of 6%,
then the investor must be expecting the ________ to ________ at a rate of at least 1% per year over the next 5 years.
A) British pound; appreciate
B) British pound; revalue
C) U.S. dollar; appreciate
D) U.S. dollar; depreciate
Answer: C
Business
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A) a certificate of authority B) a certificate of insurance C) a certificate of approval D) a certificate of qualifications"
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Finding out how sources conduct fact checking will help ensure what?
A) The information is independently verified. B) The material was designed to support the outcome. C) The source used proper methods to collect its data. D) The source has a reputation for honesty and reliability. E) The author is credible.
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