πŸ“Š International Economics
Q. You have an opportunity to invest in Australia at an interest rate of 8%. Moreover, you expect the Australian dollar (A$) to appreciate by 2%. Your effective return from this investment is:
  • (A) 8.00%.
  • (B) 10.16%.
  • (C) 6.00%.
  • (D) 5.88%.
πŸ’¬ Discuss
βœ… Correct Answer: (B) 10.16%.

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