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23. Assume the following information: You have $900,000 to invest: Current spot rate of Australian dollar (AS) 180-day forward rate of the Australian dollar 180-day
23. Assume the following information: You have $900,000 to invest: Current spot rate of Australian dollar (AS) 180-day forward rate of the Australian dollar 180-day interest rate in the U.S. 180-day interest rate in Australia $.62 -.64 3.5% 3.0% If you conduct covered interest arbitrage, what is the dollar profit you will have realized after 180 days
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Handbook Of Frontier Markets Evidence From Middle East North Africa And International Comparative Studies
Authors: Panagiotis Andrikopoulos , Greg N. Gregoriou , Vasileios Kallinterakis
1st Edition
0128092009,0128094915
