According to the international Fisher Effect, if an investor purchases a five-year U.S. bond that has an annual interest rate of

Question

3 years ago

8

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.

Business

1 answer:

erastova [34] · Answer 1 · 2022-10-08T10:08:54+03:00

erastova [34]3 years ago

4 0

Answer: U.S. dollar; appreciate

Explanation:

Notes