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Question: The current interest rate on one year's Indian rupee deposit is 5% and yen deposit is 12%. The current yen/rupee exchange rate is 2 and after a year, it is expected to exceed 2.4. In this case, what currency would you choose for a higher expected rate of return a year later? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M93129437

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