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

question 72

Multiple Choice

$$\begin{array} { | l | l | } \hline \text { Investor } & \begin{array} { l } \text { Expected future value of a } \\\text { dollar (francs per doll ar) }\end{array} \\\hline \text { Investor A } & 120 \\\hline \text { Investor B } & 100 \\\hline \text { Investor C } & 85 \\\hline\end{array}$$
-Using the table above, if the current market value of the dollar is 70 francs,

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

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