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Business, 28.10.2019 23:31 oliviaprejean18

If the interest rate in the u. s. is i$ = 5 percent for the next year and interest rate in the u. k. is i£ = 8 percent for the next year, uncovered irp suggests that
a. the dollar is expected to appreciate against the pound by about 3 percent.
b. the pound is expected to depreciate against the dollar by about 3 percent.
c. the pound is expected to depreciate against the dollar by about 3 percent and the dollar is expected to appreciate against the pound by about 3 percent.
d. the pound is expected to appreciate against the dollar by about 3 percent.

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