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Business, 07.04.2020 01:12 cabo531

Assume that an American company today invests some of its spare cash in a Hungarian money market account that will earn 8 percent for a period of two months. Which of the following, if it happens during the next two months, would imply that the company will earn less than 8 percent on its investment?
A. The Hungarian forint rises in value against the dollar.
B. Interest rates in the United States move down.
C. Short-term interest rates in Hungarian money markets shoot up.
D. The dollar appreciates against the Hungarian forint.

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