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Assume that interest rate parity exists and will continue to exist. The U. S. interest rate was 4% while the Singapore interest rate was 5% at the beginning of the month. Assume the Singapore interest rate rises while the U. S. interest rate declines over the month. Based on this information, the forward rate of the Singapore dollar exhibited a at the beginning of the month, and by the end of the month.
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How is a federal loan different from a private loan for an education? a federal loan is available for any student who meets the government's lending standards. a private loan is only available for students who show a need. a federal loan is only available for students who show a need. a private loan is available for any student who meets the bank's lending standards. a federal loan can only be used to pay for a student's tuition. a private loan can be used to pay for a student's tuition and any other expenses. a federal loan can be used to pay for a student's tuition and any other expenses. a private loan can only be used to pay for a student's tuition.
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Assume that interest rate parity exists and will continue to exist. The U. S. interest rate was 4% w...
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