
- UID
- 223413
- 帖子
- 356
- 主题
- 7
- 注册时间
- 2011-7-11
- 最后登录
- 2016-4-19
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you earn 3% on the bond in FC and because DC depreciated, your return in DC is higher due to the depreciation.
you invest 100 DC convert it into FC say at 1:1 and earn 3 %, say 103 FC and you convert it back at new rate 1.02 DC per 1 FC, and you receive 103 x 1.02 = 105.06 |
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