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Arisa [49]
3 years ago
14

Suppose the dollar interest rate and the pound sterling interest rate are the same, 5 percent per year. What is the relation bet

ween the current equilibrium $/₤ exchange rate and its expected future level? Suppose the expected future $/₤ exchange rate, $1.52/₤, remains constant as Britain’s interest rate rises to 10 percent per year. If the U.S. interest rate also remains constant, what is the new equilibrium $/₤ exchange rate?
Business
1 answer:
Len [333]3 years ago
8 0

Answer:

1.6

Explanation:

Please see attachment .

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I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
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3 years ago
Brandon, the general manager of Pelantis International Hotel, promises Theodore, the director of marketing and sales of the hote
NISA [10]

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Transactional leadership

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3 years ago
Straight-Line Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is expec
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Answer:

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Explanation:

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<u>To calculate the annual depreciation under the straight-line method, we need to use the following formula:</u>

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