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Business, 05.12.2019 05:31 kprincess16r

6. in 2008, the exchange rate between the us dollar and new zealand dollar was nz$1.71/$; in 2009, the exchange rate between the us dollar and new zealand dollar was nz$1.37/$. suppose the one year interest rate in new zealand was 9.1%, and the rate in us was 4.2%. can you conduct a currency carry trade with positive profit? how?

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6. in 2008, the exchange rate between the us dollar and new zealand dollar was nz$1.71/$; in 2009,...
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