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2. The interest rate in the US is 3% and the interest rate in Canada is 4%. The spot rate for $/CAD is 0.7558.

2. The interest rate in the US is 3% and the interest rate in Canada is 4%. The spot rate for $/CAD is 0.7558. The 1-year forward contract is selling for $0.7375. Show how you can make risk-free profit with $50 million in USD.

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