What is the difference Between fixed and floating/fluctuating
Question # 00789874
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Updated on: 01/16/2021 10:06 AM Due on: 01/16/2021
What is the difference BETWEEN fixed and floating/fluctuating interest rates? Analyze how foreign exchange rate is determined when dealing with the business implications. Also, compute the exchange rate between the USA Dollar (fixed) and a country currency (floating) of your choice, then give the rates. Go to https://www.oanda.com/currency/live-exchange-rates/ or www.xe.com/currencyconverter and monitor rates for 2 consecutive days - giving dates.
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Solution: What is the difference Between fixed and floating/fluctuating