In the empirical test of CIRP we find the parity relationship failed during the financial crisis. During that period th

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answerhappygod
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In the empirical test of CIRP we find the parity relationship failed during the financial crisis. During that period th

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In the empirical test of CIRP we find the parity relationship
failed during the financial crisis. During that period the
rate of return was positive if:
Borrowing was done in dollars and investing in pounds.
Borrowing was done in pounds and investing in dollars.
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