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According to the international Fisher Effect, if an investor purchases a five−year U.S. bond that has an annual interest rate of 5% rather than a comparable British bond that has an annual interest rate of 6%, then the investor must be expecting the ________ to ________ at a rate of at least 1% per year over the next 5 years.A.British pound; appreciateB.British pound; revalueC.U.S. dollar; appreciateD.U.S. dollar; depreciate
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