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【单选题】
When uncovered interest parity holds ( )A.
A currency is expected to appreciate by as much as its interest rate is lower than the interest rate in the other country.
B.
The forward premium equals the interest rate differential.
C.
A currency is expected to appreciate by as much as its interest rate is higher than the interest rate in the other country
D.
A currency is expected to depreciate by as much as its interest rate is lower than the interest rate in the other country
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