-Using the Table Above, If the Current Market Value of the Dollar

question 505

Multiple Choice

-Using the table above, if the current market value of the dollar is 70 francs,

• A) investor A expects dollar appreciation, but B and C expect depreciation.
• B) all three investors expect the dollar to appreciate.
• C) investor A expects dollar depreciation, but B and C expect appreciation.
• D) all three investors expect the dollar to depreciate.

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