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The following table shows interest rates and exchange rates for the U.S. dollar and the Lilliputian nano. The spot exchange rate is 15 nanos = $1. <image 1>. What is Dollar interest rate for 1 year? (A) 5.58 (B) 2.34 (C) 15.18 (D) 3.85 Answer with the option's letter from the given choices directly. No punctuation. | D Difficulty: Medium Subfield: Corporate Finance |
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