If the interest rate is 13 percent on euro deposits and 15 percent on dollar deposits, and if the euro is expected to appreciate at a 4 percent rate relative to the dollar, then _________
A.
euro deposits have a lower expected return than dollar deposits.
B.
the expected return on euro deposits in terms of dollars is 9 percent.
C.
the expected return on dollar deposits in terms of euros is 19 percent.
D.
both A and B of the above will occur.
E.
none of the above will occur.