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3. Covered Interest Arbitrage Assume the following information: Given this information, what would be the yield (percentage return) to a U.S. investor who used covered

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3. Covered Interest Arbitrage Assume the following information: Given this information, what would be the yield (percentage return) to a U.S. investor who used covered interest arbitrage? (Assume the investor invests $1 million.) What 2 market forces would occur to eliminate any further possibilities of covered interest arbitrage? ( 1 point) 3. Covered Interest Arbitrage Assume the following information: Given this information, what would be the yield (percentage return) to a U.S. investor who used covered interest arbitrage? (Assume the investor invests $1 million.) What 2 market forces would occur to eliminate any further possibilities of covered interest arbitrage? ( 1 point)

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