Interest rate parity and its effect on country currency rate

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Reference no: EM131813576

1. Describe interest rate parity and its effect on country currency rates?

2. How is goodwill derived from a merger and acquisition transaction

3. Arnold learned something very valuable as a teenager from his dad. He was told to invest $1,250 at 8% interest at age 20 and leave it alone until age 65. Arnold's dad knew that one strategy that wealthy people use is to exercise self-discipline to never touch this long-term plan. Arnold is very happy he applied his dad's advice.

If his savings had earned 14%, Arnold's savings would be ________ by age 68.

a) $116,723

b) $31,674

c) $673,508

d) $256,000

e) none of these

Reference no: EM131813576

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