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According to the theories learned in class, if the interest rate in Australia is 8%...

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Finance

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According to the theories learned in class, if the interest rate in Australia is 8% and the interest rate in the US is 7%, is the Australian Dollar expected to appreciate or depreciate and by how much? Enter a number in percentage terms, with a negative sign() for a depreciation. For example: if your answer is appreciate by 6% you would enter 6 . if your answer is depreciate by 6% you would enter 6

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