Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 30 Dec 2017 My Price 4.00

Deutsche Bank

One of your colleagues at Deutsche Bank thinks that the dollar is severely undervalued relative to the yen. He has calculated that the PPP exchange rate is ?Y140/$, whereas the current exchange rate is ?Y105/$. Because interest rates are 3% p.a. lower in Japan than in the United States, he thinks that this is a good time to speculate by borrowing yen and lending dollars. What do you think?

 
 

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Maurice Tutor
(5)
Status NEW Posted 30 Dec 2017 10:12 PM My Price 4.00

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