The Canadian interest rate is 4 percent and the U.S.interest rate is 6 percent.If the interest parity condition holds,we expect
A)the Canadian dollar to appreciate by 2 percent.
B)the Canadian dollar to depreciate by 6 percent.
C)the U.S.dollar to depreciate 2 percent.
D)the U.S.dollar to appreciate by 2 percent.

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The Answer of The Canadian interest rate is 4 percent and the U.S.interest rate is 6 percent.If the interest parity condition holds,we expect
A)the Canadian dollar to appreciate by 2 percent.
B)the Canadian dollar to depreciate by 6 percent.
C)the U.S.dollar to depreciate 2 percent.
D)the U.S.dollar to appreciate by 2 percent.

The Canadian Interest Rate Is 4 Percent and the U