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In Which of the Following Events Will an Australian Borrower

Question 42

Multiple Choice

In which of the following events will an Australian borrower benefit from borrowing Swiss francs?


A) If the Australian dollar appreciates or the Swiss franc depreciates.
B) If the Australian dollar depreciates or the Swiss franc appreciates.
C) The Australian dollar and the Swiss franc both appreciate.
D) The Australian dollar and the Swiss franc both depreciate.

Correct Answer:

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