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question 40

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Assume the U.S. one-year interest rate is 5 percent, while the South African one-year interest rate is 13 percent. If a U.S. firm invests in a South African one-year deposit, and the South African rand remains constant over the next year, the U.S. firm will earn an effective yield of:​

Understand the role and experiences of soldiers in the Civil War, including aspects of morale, technology, and battlefield conditions.
Assess the leadership qualities and strategies of key figures during the Civil War.
Evaluate the influence of the Civil War on American policy, including banking, draft laws, and slavery.
Identify the immediate outcomes and effects of key battles and military strategies on the course of the Civil War.

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