(Solved): Difference between fixed and floating interest rates

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(Solved): Difference between fixed and floating interest rates

(Solved): Difference between fixed and floating interest rates

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 www.oanda.com/Forex or www.xe.com/currencyconverter and monitor rates for 2 consecutive days – giving dates. Write 2 FULL pages of text not including your cover page and references, in APA Format.

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