Join IDNLearn.com to access a wealth of knowledge and get your questions answered by experts. Get the information you need from our community of experts, who provide detailed and trustworthy answers.

if the difference in interest rates is greater than the forward premium/discount, or expected change in the spot rate for uia(uncovered interest arbitrage), invest in the higher interest yielding currency. if the difference in interest rates is less than the forward premium (or expected change in the spot rate), invest in the lower yielding currency. ture/false? a. true b. false