Casper LandstenUIA (B). Casper Landsten, using the same values and assumptions as in Problem 6.12, decides to

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Casper Landsten—UIA (B). Casper Landsten, using the same values and assumptions as in Problem 6.12, decides to seek the full 4.800% return available in U.S. dollars by not covering his forward dollar receipts—an uncovered interest arbitrage (UIA)

transaction. Assess this decision.

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