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33. Consider the information rus = 5% ruk = 8% E= 2.10 dollars per pound F. = 2.14(1-year delivery) F, is the market futures price

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33. Consider the information rus = 5% ruk = 8% E= 2.10 dollars per pound F. = 2.14(1-year delivery) F, is the market futures price on the pound futures contract Where the interest rates are annual yields on U.S. or U.K. bills. Given this information Where would you lend? Where would you borrow? How could you arbitrage

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