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39. A US investor has $5 million in excess cash that it has invested in Chile at an annual interest rate of 60 percent. The US interest rate is 9 percent. By how much would the Chilean peso have to depreciate to cause such a strategy to backfire?
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Approximately what percentage of normally distributed data values will fall within 1 standard deviation above or below the mean?
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anonymous
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answer is: 68%
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